31, CHURCH CLOSE, CHEDGRAVE, NORWICH, NR14 6NH - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 CHURCH CLOSE is a small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £349,792. It was last sold for £340,000 in August 2022, which was around 21% below the average August 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

31 CHURCH CLOSE Sold Prices

Land registry data shows three sales for 31 CHURCH 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 South Norfolk local authority area for the corresponding sale date. All of the three 31 CHURCH 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
2022 18 AUG	£340,000	£427,775	21% below HPI
2017 8 SEP	£250,000	£336,955	26% below HPI
2014 14 MAR	£180,000	£260,656	31% below HPI

31 CHURCH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 31 CHURCH CLOSE sales between March 2014 and August 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 September 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 31 CHURCH CLOSE be worth now?

31 CHURCH CLOSE might now be worth an estimated £349,792.

This is based on house price inflation of 2.9%, between August 2022 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% inflationary increase is applied to the most recent sale price for 31 CHURCH CLOSE of £340,000 on 18th August 2022. For the value to have increased from £340,000 to £349,792 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 31 CHURCH CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 31 CHURCH CLOSE has not materially changed since August 2022.

How Large is 31 CHURCH CLOSE?

31 CHURCH CLOSE is 82m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chedgrave, and where 31 CHURCH CLOSE lies on this distribution: 27% of detached houses houses are smaller than 31 CHURCH CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

31 CHURCH CLOSE: Plot and Title Map

31 CHURCH CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 31 CHURCH 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 31 CHURCH 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 31 CHURCH CLOSE?

31 CHURCH CLOSE is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 31 on CHURCH CLOSE.