27, MEDESWELL CLOSE, BRUNDALL, NORWICH, NR13 5QG - £260,000

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

27 MEDESWELL CLOSE is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £260,000 in December 2023, which was around 36% below the average December 2023 detached price in the Broadland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

27 MEDESWELL CLOSE Sold Prices

Land registry data shows two sales for 27 MEDESWELL 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 27 MEDESWELL 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
2023 1 DEC	£260,000	£405,450	36% below HPI
2010 20 OCT	£172,500	£243,416	29% below HPI

27 MEDESWELL 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 27 MEDESWELL CLOSE sales from October 2010 and December 2023 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 October 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 27 MEDESWELL CLOSE?

27 MEDESWELL CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Brundall, based on EPC data. The below chart shows the distribution of detached houses by size in Brundall, and where 27 MEDESWELL CLOSE lies on this distribution: 14% of detached houses are smaller than 27 MEDESWELL CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Brundall.

27 MEDESWELL CLOSE: Plot and Title Map

27 MEDESWELL CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 27 MEDESWELL 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 27 MEDESWELL 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 27 MEDESWELL CLOSE?

27 MEDESWELL CLOSE is located in BRUNDALL, in the NR13 postcode district. The below map shows the position of No. 27 on MEDESWELL CLOSE.