3, VARVEL CLOSE, BRUNDALL, NORWICH, NR13 5SF - £450,000

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 VARVEL CLOSE is a large detached house of 145m². It was last sold for £450,000 in February 2022, which was around 11% above the average February 2022 detached price in the Broadland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was A, and the potential energy rating was A.

3 VARVEL CLOSE Sold Prices

Land registry data shows two sales for 3 VARVEL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 3 VARVEL CLOSE sales were for above 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
2022 25 FEB	£450,000	£404,025	11% above HPI
2015 23 DEC	£341,950	£296,371	15% above HPI

3 VARVEL 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 two 3 VARVEL CLOSE sales from December 2015 and February 2022 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 December 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 3 VARVEL CLOSE?

3 VARVEL CLOSE is 145m² according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses in Brundall, based on EPC data. The below chart shows the distribution of detached houses by size in Brundall, and where 3 VARVEL CLOSE lies on this distribution: 72% of detached houses are smaller than 3 VARVEL CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Brundall.

3 VARVEL CLOSE: Plot and Title Map

3 VARVEL CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 3 VARVEL 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 VARVEL 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 VARVEL CLOSE?

3 VARVEL CLOSE is located in BRUNDALL, in the NR13 postcode district. The below map shows the position of No. 3 on VARVEL CLOSE.