3, BROOM CLOSE, TAVERHAM, NORWICH, NR8 6FS - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 BROOM CLOSE is a midsized detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £421,218. It was last sold for £220,000 in September 2009, which was around 2% below the average September 2009 detached price in the Broadland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

3 BROOM CLOSE Sold Prices

Land registry data shows two sales for 3 BROOM 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 BROOM 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
2009 28 SEP	£220,000	£224,222	2% below HPI
1999 22 APR	£81,300	£86,928	6% below HPI

3 BROOM 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 BROOM CLOSE sales from April 1999 and September 2009 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 April 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2009 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 BROOM CLOSE be worth now?

3 BROOM CLOSE might now be worth an estimated £421,218.

This is based on house price inflation of 91.5%, between September 2009 and December 2024, 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 91.5% inflationary increase is applied to the most recent sale price for 3 BROOM CLOSE of £220,000 on 28th September 2009. For the value to have increased from £220,000 to £421,218 over the fourteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 BROOM CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2009 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BROOM CLOSE has not materially changed since September 2009.

How Large is 3 BROOM CLOSE?

3 BROOM CLOSE is 109m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 3 BROOM CLOSE lies on this distribution: 44% of detached houses houses are smaller than 3 BROOM CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Taverham.

3 BROOM CLOSE: Plot and Title Map

3 BROOM CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 3 BROOM 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 BROOM 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 BROOM CLOSE?

3 BROOM CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 3 on BROOM CLOSE.