3, BOWER CLOSE, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5DL - £395,000

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

3 BOWER CLOSE is a very large detached house of 165m², built sometime between 2003 and 2006. It was last sold for £395,000 in March 2021, which was around 7% above the average March 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

3 BOWER CLOSE Sold Prices

Land registry data shows two sales for 3 BOWER 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 North Norfolk local authority area for the corresponding sale date. Both of the two 3 BOWER CLOSE sales were for above 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 12 MAR	£395,000	£370,260	7% above HPI
2003 11 FEB	£222,000	£178,073	25% above HPI

3 BOWER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 3 BOWER CLOSE sales from February 2003 and March 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 February 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 3 BOWER CLOSE?

3 BOWER CLOSE is 165m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses by size in Potter Heigham, and where 3 BOWER CLOSE lies on this distribution: 83% of detached houses are smaller than 3 BOWER CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

3 BOWER CLOSE: Plot and Title Map

3 BOWER CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 3 BOWER 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 BOWER 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 BOWER CLOSE?

3 BOWER CLOSE is located in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of No. 3 on BOWER CLOSE.