3, SPENCER CLOSE, LITTLE PLUMSTEAD, NORWICH, NR13 5JE - £235,000

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 SPENCER CLOSE is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £235,000 in August 2019, which was around 31% below the average August 2019 detached price in the Broadland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was A.

3 SPENCER CLOSE Sold Prices

Land registry data shows four sales for 3 SPENCER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 3 SPENCER 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
2019 30 AUG	£235,000	£342,621	31% below HPI
2019 24 MAY	£240,000	£338,572	29% below HPI
2002 31 JUL	£129,000	£160,832	20% below HPI
1997 11 APR	£62,000	£72,750	15% below HPI

3 SPENCER 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 four 3 SPENCER CLOSE sales between April 1997 and August 2019 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 May 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 SPENCER CLOSE?

3 SPENCER CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Little Plumstead, based on EPC data. The below chart shows the distribution of detached houses by size in Little Plumstead, and where 3 SPENCER CLOSE lies on this distribution: 24% of detached houses are smaller than 3 SPENCER CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Little Plumstead.

3 SPENCER CLOSE: Plot and Title Map

3 SPENCER CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 3 SPENCER 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 SPENCER 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 SPENCER CLOSE?

3 SPENCER CLOSE is located in LITTLE PLUMSTEAD, in the NR13 postcode district. The below map shows the position of No. 3 on SPENCER CLOSE.