3, PRIORY CLOSE, BACTON, NORWICH, NR12 0HG - £137,000

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 PRIORY CLOSE is a very small detached house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £227,047. It was last sold for £137,000 in November 2013, which was around 46% below the average November 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

3 PRIORY CLOSE Sold Prices

Land registry data shows three sales for 3 PRIORY 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 North Norfolk local authority area for the corresponding sale date. All of the three 3 PRIORY 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
2013 22 NOV	£137,000	£253,961	46% below HPI
2003 18 AUG	£110,000	£182,806	40% below HPI
1998 14 MAY	£53,500	£84,862	37% below HPI

3 PRIORY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 3 PRIORY CLOSE sales between May 1998 and November 2013 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 August 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2013 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 3 PRIORY CLOSE be worth now?

3 PRIORY CLOSE might now be worth an estimated £227,047.

This is based on house price inflation of 65.7%, between November 2013 and December 2024, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.7% inflationary increase is applied to the most recent sale price for 3 PRIORY CLOSE of £137,000 on 22nd November 2013. For the value to have increased from £137,000 to £227,047 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 PRIORY CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2013 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRIORY CLOSE has not materially changed since November 2013.

How Large is 3 PRIORY CLOSE?

3 PRIORY CLOSE is 56m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses houses in Keswick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Keswick, and where 3 PRIORY CLOSE lies on this distribution: 11% of detached houses houses are smaller than 3 PRIORY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Keswick.

3 PRIORY CLOSE: Plot and Title Map

3 PRIORY CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 PRIORY 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 PRIORY 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 PRIORY CLOSE?

3 PRIORY CLOSE is located in BACTON, in the NR12 postcode district. The below map shows the position of No. 3 on PRIORY CLOSE.