24, PRIORY CLOSE, ACLE, NORWICH, NR13 3AA - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 PRIORY CLOSE is a small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £327,664. It was last sold for £295,000 in August 2021, which was around 23% below the average August 2021 detached price in the Broadland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

24 PRIORY CLOSE Sold Prices

Land registry data shows three sales for 24 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 24 PRIORY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 10 AUG	£295,000	£381,324	23% below HPI
2015 12 AUG	£215,000	£287,441	25% below HPI
2002 18 JUL	£129,995	£162,444	20% below HPI

24 PRIORY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 24 PRIORY CLOSE sales between July 2002 and August 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 24 PRIORY CLOSE be worth now?

24 PRIORY CLOSE might now be worth an estimated £327,664.

This is based on house price inflation of 11.1%, between August 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.1% inflationary increase is applied to the most recent sale price for 24 PRIORY CLOSE of £295,000 on 10th August 2021. For the value to have increased from £295,000 to £327,664 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 24 PRIORY CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PRIORY CLOSE has not materially changed since August 2021.

How Large is 24 PRIORY CLOSE?

24 PRIORY CLOSE is 77m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses houses in Acle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Acle, and where 24 PRIORY CLOSE lies on this distribution: 20% of detached houses houses are smaller than 24 PRIORY CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Acle.

24 PRIORY CLOSE: Plot and Title Map

24 PRIORY CLOSE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 24 PRIORY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 PRIORY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 24 PRIORY CLOSE?

24 PRIORY CLOSE is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 24 on PRIORY CLOSE.