25, STILE CLOSE, MULBARTON, NORWICH, NR14 8BH - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

25 STILE CLOSE is a small extended detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £291,956. It was last sold for £245,000 in July 2020, which was around 32% below the average July 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

25 STILE CLOSE Sold Prices

Land registry data shows two sales for 25 STILE 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 South Norfolk local authority area for the corresponding sale date. Both of the two 25 STILE 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
2020 3 JUL	£245,000	£361,998	32% below HPI
2015 22 MAY	£178,000	£279,275	36% below HPI

25 STILE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 25 STILE CLOSE sales from May 2015 and July 2020 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 May 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 25 STILE CLOSE be worth now?

25 STILE CLOSE might now be worth an estimated £291,956.

This is based on house price inflation of 19.2%, between July 2020 and December 2024, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 25 STILE CLOSE of £245,000 on 3rd July 2020. For the value to have increased from £245,000 to £291,956 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 25 STILE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The July 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 25 STILE CLOSE has not materially changed since July 2020.

How Large is 25 STILE CLOSE?

25 STILE CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mulbarton, and where 25 STILE CLOSE lies on this distribution: 22% of detached houses houses are smaller than 25 STILE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

25 STILE CLOSE: Plot and Title Map

25 STILE CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 25 STILE 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 STILE 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 STILE CLOSE?

25 STILE CLOSE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 25 on STILE CLOSE.