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 ORCHARD CLOSE is a small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £335,000 in September 2021, which was around 20% below the average September 2021 detached price in the Norwich local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 27 ORCHARD CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the three 27 ORCHARD 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 21 SEP | £335,000 | £419,827 | 20% below HPI |
2006 29 SEP | £164,950 | £258,368 | 36% below HPI |
2004 4 JUN | £128,000 | £223,721 | 43% below HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 27 ORCHARD CLOSE sales between June 2004 and September 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 September 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
27 ORCHARD CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 27 ORCHARD CLOSE lies on this distribution: 24% of detached houses are smaller than 27 ORCHARD CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Norwich.
27 ORCHARD CLOSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 27 ORCHARD 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 ORCHARD 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.
27 ORCHARD CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 27 on ORCHARD CLOSE.