3, HIGHAM CLOSE, NORWICH, NR7 8UF - £260,000

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 HIGHAM CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £326,209. It was last sold for £260,000 in May 2018, which was around 23% below the average May 2018 detached price in the Broadland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

3 HIGHAM CLOSE Sold Prices

Land registry data shows three sales for 3 HIGHAM 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 HIGHAM 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
2018 30 MAY	£260,000	£337,581	23% below HPI
2014 6 FEB	£170,000	£254,549	33% below HPI
1996 31 MAY	£64,000	£72,020	11% below HPI

3 HIGHAM 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 HIGHAM CLOSE sales between May 1996 and May 2018 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 HIGHAM CLOSE be worth now?

3 HIGHAM CLOSE might now be worth an estimated £326,209.

This is based on house price inflation of 25.5%, between May 2018 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 25.5% inflationary increase is applied to the most recent sale price for 3 HIGHAM CLOSE of £260,000 on 30th May 2018. For the value to have increased from £260,000 to £326,209 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 3 HIGHAM CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The May 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGHAM CLOSE has not materially changed since May 2018.

How Large is 3 HIGHAM CLOSE?

3 HIGHAM CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 3 HIGHAM CLOSE lies on this distribution: 49% of detached houses houses are smaller than 3 HIGHAM CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 HIGHAM CLOSE: Plot and Title Map

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

3 HIGHAM CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 3 on HIGHAM CLOSE.