3, NEW CLOSE, ACLE, NORWICH, NR13 3BG - £290,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 NEW CLOSE is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £310,943. It was last sold for £290,000 in December 2023, which was around 11% above the average December 2023 semi-detached price in the Broadland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

3 NEW CLOSE Sold Prices

Land registry data shows three sales for 3 NEW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. All of the three 3 NEW 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
2023 15 DEC	£290,000	£261,070	11% above HPI
2000 22 SEP	£94,950	£73,110	30% above HPI
1997 4 AUG	£52,000	£50,519	3% above HPI

3 NEW CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The three 3 NEW CLOSE sales between August 1997 and December 2023 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 September 2000 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 NEW CLOSE be worth now?

3 NEW CLOSE might now be worth an estimated £310,943.

This is based on house price inflation of 7.2%, between December 2023 and December 2024, for semi-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 7.2% inflationary increase is applied to the most recent sale price for 3 NEW CLOSE of £290,000 on 15th December 2023. For the value to have increased from £290,000 to £310,943 over the one year to December 2024, the following assumptions must hold true:

• The value of 3 NEW CLOSE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The December 2023 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEW CLOSE has not materially changed since December 2023.

How Large is 3 NEW CLOSE?

3 NEW CLOSE is 72m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Acle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Acle, and where 3 NEW CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 3 NEW CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Acle.

3 NEW CLOSE: Plot and Title Map

3 NEW CLOSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 3 NEW 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 NEW 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 NEW CLOSE?

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