3, STAN PETERSEN CLOSE, NORWICH, NR1 4QJ - £299,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 STAN PETERSEN CLOSE is a small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £299,950 in March 2016, which was around 11% below the average March 2016 detached price in the Norwich local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

3 STAN PETERSEN CLOSE Sold Prices

Land registry data shows four sales for 3 STAN PETERSEN 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 Norwich local authority area for the corresponding sale date. Most of the four 3 STAN PETERSEN 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
2016 31 MAR	£299,950	£338,174	11% below HPI
2004 27 AUG	£196,000	£230,985	15% below HPI
2003 10 MAR	£195,000	£206,214	5% below HPI
1999 1 JUL	£103,000	£97,053	6% above HPI

3 STAN PETERSEN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The four 3 STAN PETERSEN CLOSE sales between July 1999 and March 2016 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 STAN PETERSEN CLOSE?

3 STAN PETERSEN CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% 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 STAN PETERSEN CLOSE lies on this distribution: 26% of detached houses are smaller than 3 STAN PETERSEN CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 STAN PETERSEN CLOSE: Plot and Title Map

3 STAN PETERSEN CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 STAN PETERSEN 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 STAN PETERSEN 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 STAN PETERSEN CLOSE?

3 STAN PETERSEN CLOSE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 3 on STAN PETERSEN CLOSE.