3, WALNUT CLOSE, TAVERHAM, NORWICH, NR8 6YN - £455,000

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 WALNUT CLOSE is a large extended detached house of 132m², built sometime between 1991 and 1995. It was last sold for £455,000 in October 2023, which was around 12% above the average October 2023 detached price in the Broadland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 WALNUT CLOSE Sold Prices

Land registry data shows three sales for 3 WALNUT 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 Broadland local authority area for the corresponding sale date. Two of the three 3 WALNUT CLOSE sales were for above the average price, whilst one was 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
2023 9 OCT	£455,000	£406,112	12% above HPI
2016 20 MAY	£285,000	£301,099	5% below HPI
1999 2 AUG	£95,500	£91,326	5% above HPI

3 WALNUT 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 three 3 WALNUT CLOSE sales between August 1999 and October 2023 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 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 3 WALNUT CLOSE?

3 WALNUT CLOSE is 132m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 3 WALNUT CLOSE lies on this distribution: 69% of detached houses are smaller than 3 WALNUT CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Taverham.

3 WALNUT CLOSE: Plot and Title Map

3 WALNUT CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 3 WALNUT 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 WALNUT 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 WALNUT CLOSE?

3 WALNUT CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 3 on WALNUT CLOSE.