3, CARPENTERS CLOSE, LINGWOOD, NORWICH, NR13 4BF - £243,000

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 CARPENTERS CLOSE is a very small detached house of 71m², built sometime between 2003 and 2006, which could now be worth an estimated £411,382. It was last sold for £243,000 in July 2013, which was around 3% below the average July 2013 detached price in the Broadland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

3 CARPENTERS CLOSE Sold Prices

Land registry data shows four sales for 3 CARPENTERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 3 CARPENTERS 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
2013 29 JUL	£243,000	£250,185	3% below HPI
2011 10 OCT	£245,000	£236,721	3% above HPI
2010 1 APR	£244,000	£241,340	1% above HPI
2005 12 MAY	£220,000	£218,377	1% above HPI

3 CARPENTERS 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 four 3 CARPENTERS CLOSE sales between May 2005 and July 2013 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 October 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2013 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 CARPENTERS CLOSE be worth now?

3 CARPENTERS CLOSE might now be worth an estimated £411,382.

This is based on house price inflation of 69.3%, between July 2013 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 69.3% inflationary increase is applied to the most recent sale price for 3 CARPENTERS CLOSE of £243,000 on 29th July 2013. For the value to have increased from £243,000 to £411,382 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of 3 CARPENTERS CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The July 2013 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CARPENTERS CLOSE has not materially changed since July 2013.

How Large is 3 CARPENTERS CLOSE?

3 CARPENTERS CLOSE is 71m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lingwood, and where 3 CARPENTERS CLOSE lies on this distribution: 10% of detached houses houses are smaller than 3 CARPENTERS CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

3 CARPENTERS CLOSE: Plot and Title Map

3 CARPENTERS CLOSE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 3 CARPENTERS 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 CARPENTERS 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 CARPENTERS CLOSE?

3 CARPENTERS CLOSE is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 3 on CARPENTERS CLOSE.