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

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

31 CHURCH CLOSE is a small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £340,000 in August 2022, which was around 18% 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	£414,777	18% below HPI
2017 8 SEP	£250,000	£326,716	23% below HPI
2014 14 MAR	£180,000	£252,736	29% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Chedgrave, and where 31 CHURCH CLOSE lies on this distribution: 25% of detached houses are smaller than 31 CHURCH CLOSE, and 71% 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.