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 MAVISH CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £222,000 in July 2015, which was around 31% below the average July 2015 detached price in the Norwich local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 3 MAVISH CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the four 3 MAVISH 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 |
---|---|---|---|
2015 28 JUL | £222,000 | £322,458 | 31% below HPI |
2006 20 JUN | £168,000 | £244,609 | 31% below HPI |
2002 31 MAY | £127,000 | £169,237 | 25% below HPI |
2001 14 DEC | £112,000 | £150,853 | 26% below HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The four 3 MAVISH CLOSE sales between December 2001 and July 2015 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 June 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2015 sale, which was also at 31% below the HPI.
3 MAVISH CLOSE is 81m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 MAVISH CLOSE lies on this distribution: 19% of detached houses are smaller than 3 MAVISH CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Norwich.
3 MAVISH CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 3 MAVISH 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 MAVISH 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.
3 MAVISH CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 3 on MAVISH CLOSE.