3, EDRICH CLOSE, BLOFIELD, NORWICH, NR13 4JD - £375,000

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 EDRICH CLOSE is a small detached house of 115m², built sometime between 1983 and 1990. It was last sold for £375,000 in December 2022, which was around 12% below the average December 2022 detached price in the Broadland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

3 EDRICH CLOSE Sold Prices

Land registry data shows three sales for 3 EDRICH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 3 EDRICH 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
2022 15 DEC	£375,000	£424,988	12% below HPI
2012 1 AUG	£210,000	£242,560	13% below HPI
2011 25 AUG	£200,000	£236,896	16% below HPI

3 EDRICH 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 three 3 EDRICH CLOSE sales between August 2011 and December 2022 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 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 EDRICH CLOSE?

3 EDRICH CLOSE is 115m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Blofield, based on EPC data. The below chart shows the distribution of detached houses by size in Blofield, and where 3 EDRICH CLOSE lies on this distribution: 39% of detached houses are smaller than 3 EDRICH CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Blofield.

3 EDRICH CLOSE: Plot and Title Map

3 EDRICH CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 EDRICH 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 EDRICH 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 EDRICH CLOSE?

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