3, NEWCASTLE CLOSE, NORWICH, NR7 0TJ - £234,500

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 NEWCASTLE CLOSE is a very small extended detached house of 81m², built sometime between 1991 and 1995. It was last sold for £234,500 in April 2017, which was around 27% below the average April 2017 detached price in the Broadland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

3 NEWCASTLE CLOSE Sold Prices

Land registry data shows two sales for 3 NEWCASTLE 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 Broadland local authority area for the corresponding sale date. Both of the two 3 NEWCASTLE 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
2017 7 APR	£234,500	£320,796	27% below HPI
1995 28 JUL	£65,995	£73,665	10% below HPI

3 NEWCASTLE 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 two 3 NEWCASTLE CLOSE sales from July 1995 and April 2017 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 July 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 NEWCASTLE CLOSE?

3 NEWCASTLE CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 NEWCASTLE CLOSE lies on this distribution: 19% of detached houses are smaller than 3 NEWCASTLE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 NEWCASTLE CLOSE: Plot and Title Map

3 NEWCASTLE CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 3 NEWCASTLE 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 NEWCASTLE 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 NEWCASTLE CLOSE?

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