28, NEWCASTLE CLOSE, NORWICH, NR7 0TJ - £242,500

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.

28 NEWCASTLE CLOSE is a small extended detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £306,132. It was last sold for £242,500 in August 2018, which was around 28% below the average August 2018 detached price in the Broadland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

28 NEWCASTLE CLOSE Sold Prices

Land registry data shows five sales for 28 NEWCASTLE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 28 NEWCASTLE 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
2018 17 AUG	£242,500	£335,509	28% below HPI
2010 27 SEP	£185,000	£248,911	26% below HPI
2001 30 MAR	£89,000	£122,504	27% below HPI
1999 27 AUG	£64,000	£92,241	31% below HPI
1996 3 APR	£59,995	£72,162	17% below HPI

28 NEWCASTLE 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 five 28 NEWCASTLE CLOSE sales between April 1996 and August 2018 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 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 28 NEWCASTLE CLOSE be worth now?

28 NEWCASTLE CLOSE might now be worth an estimated £306,132.

This is based on house price inflation of 26.2%, between August 2018 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 26.2% inflationary increase is applied to the most recent sale price for 28 NEWCASTLE CLOSE of £242,500 on 17th August 2018. For the value to have increased from £242,500 to £306,132 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 28 NEWCASTLE CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2018 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 28 NEWCASTLE CLOSE has not materially changed since August 2018.

How Large is 28 NEWCASTLE CLOSE?

28 NEWCASTLE CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 28 NEWCASTLE CLOSE lies on this distribution: 23% of detached houses houses are smaller than 28 NEWCASTLE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Norwich.

28 NEWCASTLE CLOSE: Plot and Title Map

28 NEWCASTLE CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 28 NEWCASTLE 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 28 NEWCASTLE 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 28 NEWCASTLE CLOSE?

28 NEWCASTLE CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 28 on NEWCASTLE CLOSE.