3, ARCHER CLOSE, NORWICH, NR6 7PD - £254,000

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.

3 ARCHER CLOSE is a small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £303,823. It was last sold for £254,000 in June 2020, which was around 28% below the average June 2020 detached price in the Broadland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

3 ARCHER CLOSE Sold Prices

Land registry data shows two sales for 3 ARCHER 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 3 ARCHER 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 19 JUN	£254,000	£354,090	28% below HPI
2006 4 AUG	£169,950	£237,885	29% below HPI

3 ARCHER 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 3 ARCHER CLOSE sales from August 2006 and June 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 August 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 ARCHER CLOSE be worth now?

3 ARCHER CLOSE might now be worth an estimated £303,823.

This is based on house price inflation of 19.6%, between June 2020 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 19.6% inflationary increase is applied to the most recent sale price for 3 ARCHER CLOSE of £254,000 on 19th June 2020. For the value to have increased from £254,000 to £303,823 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 3 ARCHER CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The June 2020 sale price of £254,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ARCHER CLOSE has not materially changed since June 2020.

How Large is 3 ARCHER CLOSE?

3 ARCHER CLOSE is 85m² according to the EPC inspection conducted in November 2019. 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 3 ARCHER CLOSE lies on this distribution: 23% of detached houses houses are smaller than 3 ARCHER CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 ARCHER CLOSE: Plot and Title Map

3 ARCHER CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 3 ARCHER 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 3 ARCHER 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 3 ARCHER CLOSE?

3 ARCHER CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 3 on ARCHER CLOSE.