3, STAITHE CLOSE, HORNING, NORWICH, NR12 8AF - £350,000

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 STAITHE CLOSE is a very small extended detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £394,492. It was last sold for £350,000 in September 2021, which was around 6% below the average September 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

3 STAITHE CLOSE Sold Prices

Land registry data shows five sales for 3 STAITHE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 3 STAITHE 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
2021 28 SEP	£350,000	£373,415	6% below HPI
2019 19 SEP	£267,000	£354,396	25% below HPI
2018 29 OCT	£240,000	£356,867	33% below HPI
2004 4 OCT	£169,500	£218,218	22% below HPI
1995 21 JUL	£59,995	£68,437	12% below HPI

3 STAITHE 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 five 3 STAITHE CLOSE sales between July 1995 and September 2021 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 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 STAITHE CLOSE be worth now?

3 STAITHE CLOSE might now be worth an estimated £394,492.

This is based on house price inflation of 12.7%, between September 2021 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 12.7% inflationary increase is applied to the most recent sale price for 3 STAITHE CLOSE of £350,000 on 28th September 2021. For the value to have increased from £350,000 to £394,492 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 STAITHE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STAITHE CLOSE has not materially changed since September 2021.

How Large is 3 STAITHE CLOSE?

3 STAITHE CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Horning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horning, and where 3 STAITHE CLOSE lies on this distribution: 18% of detached houses houses are smaller than 3 STAITHE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Horning.

3 STAITHE CLOSE: Plot and Title Map

3 STAITHE CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 3 STAITHE 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 STAITHE 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 STAITHE CLOSE?

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