3, PAINE CLOSE, DISS, IP22 4YN - £295,000

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 PAINE CLOSE is a midsized extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £295,000 in August 2023, which was around 28% below the average August 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

3 PAINE CLOSE Sold Prices

Land registry data shows three sales for 3 PAINE 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 South Norfolk local authority area for the corresponding sale date. All of the three 3 PAINE 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
2023 10 AUG	£295,000	£410,472	28% below HPI
2013 18 JUL	£179,950	£240,168	25% below HPI
1999 18 AUG	£75,500	£93,961	20% below HPI

3 PAINE 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 three 3 PAINE CLOSE sales between August 1999 and August 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 July 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 PAINE CLOSE?

3 PAINE CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% of detached houses in Diss, based on EPC data. The below chart shows the distribution of detached houses by size in Diss, and where 3 PAINE CLOSE lies on this distribution: 40% of detached houses are smaller than 3 PAINE CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Diss.

3 PAINE CLOSE: Plot and Title Map

3 PAINE CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 3 PAINE 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 PAINE 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 PAINE CLOSE?

3 PAINE CLOSE is located in DISS, in the IP22 postcode district. The below map shows the position of No. 3 on PAINE CLOSE.