25, OLD MARKET CLOSE, ACLE, NORWICH, NR13 3EY - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 OLD MARKET CLOSE is a small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £295,000 in April 2022, which was around 27% below the average April 2022 detached price in the Broadland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

25 OLD MARKET CLOSE Sold Prices

Land registry data shows two sales for 25 OLD MARKET CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 25 OLD MARKET 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
2022 19 APR	£295,000	£404,851	27% below HPI
1996 4 NOV	£68,000	£72,748	7% below HPI

25 OLD MARKET 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 two 25 OLD MARKET CLOSE sales from November 1996 and April 2022 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 November 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 25 OLD MARKET CLOSE?

25 OLD MARKET CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Acle, based on EPC data. The below chart shows the distribution of detached houses by size in Acle, and where 25 OLD MARKET CLOSE lies on this distribution: 29% of detached houses are smaller than 25 OLD MARKET CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Acle.

25 OLD MARKET CLOSE: Plot and Title Map

25 OLD MARKET CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 25 OLD MARKET 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 25 OLD MARKET 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 25 OLD MARKET CLOSE?

25 OLD MARKET CLOSE is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 25 on OLD MARKET CLOSE.