3, GROVEDALE CLOSE, NORWICH, NR5 0HT - £177,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 GROVEDALE CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £177,000 in February 2016, which was around 40% below the average February 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

3 GROVEDALE CLOSE Sold Prices

Land registry data shows two sales for 3 GROVEDALE 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 South Norfolk local authority area for the corresponding sale date. Both of the two 3 GROVEDALE 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
2016 19 FEB	£177,000	£293,125	40% below HPI
2002 15 FEB	£102,500	£146,552	30% below HPI

3 GROVEDALE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 3 GROVEDALE CLOSE sales from February 2002 and February 2016 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 GROVEDALE CLOSE?

3 GROVEDALE CLOSE is 71m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 3 GROVEDALE CLOSE lies on this distribution: 10% of detached houses are smaller than 3 GROVEDALE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 GROVEDALE CLOSE: Plot and Title Map

3 GROVEDALE CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 3 GROVEDALE 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 GROVEDALE 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 GROVEDALE CLOSE?

3 GROVEDALE CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 3 on GROVEDALE CLOSE.