3, THE CLOSE, AYLMERTON, NORWICH, NR11 8PX - £245,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 THE CLOSE is a very small extended semi-detached house of 87m², built sometime between 1930 and 1949. It was last sold for £245,000 in September 2024, which was around 42% below the average September 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

3 THE CLOSE Sold Prices

Land registry data shows three sales for 3 THE 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 THE 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
2024 26 SEP	£245,000	£423,723	42% below HPI
2017 1 SEP	£222,000	£331,136	33% below HPI
2000 16 NOV	£67,500	£111,388	39% below HPI

3 THE 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 THE CLOSE sales between November 2000 and September 2024 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 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 3 THE CLOSE?

3 THE CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Aylmerton, based on EPC data. The below chart shows the distribution of detached houses by size in Aylmerton, and where 3 THE CLOSE lies on this distribution: 13% of detached houses are smaller than 3 THE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Aylmerton.

3 THE CLOSE: Plot and Title Map

3 THE CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 3 THE 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 THE 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 THE CLOSE?

3 THE CLOSE is located in AYLMERTON, in the NR11 postcode district. The below map shows the position of No. 3 on THE CLOSE.