31, ELMS CLOSE, EARSHAM, BUNGAY, NR35 2TD - £99,000

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

31 ELMS CLOSE is a midsized detached house of 86m², built sometime between 1967 and 1975. It was last sold for £99,000 in July 2001, which was around 25% below the average July 2001 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

31 ELMS CLOSE Sold Prices

Land registry data shows three sales for 31 ELMS 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 ELMS 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
2001 5 JUL	£99,000	£131,477	25% below HPI
2001 26 FEB	£98,000	£124,947	22% below HPI
1995 4 OCT	£69,500	£71,511	3% below HPI

31 ELMS 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 ELMS CLOSE sales between October 1995 and July 2001 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 February 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2001 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 31 ELMS CLOSE?

31 ELMS CLOSE is 86m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 50% of detached houses in Earsham, based on EPC data. The below chart shows the distribution of detached houses by size in Earsham, and where 31 ELMS CLOSE lies on this distribution: 42% of detached houses are smaller than 31 ELMS CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Earsham.

31 ELMS CLOSE: Plot and Title Map

31 ELMS CLOSE sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of 31 ELMS 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 ELMS 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 ELMS CLOSE?

31 ELMS CLOSE is located in EARSHAM, in the NR35 postcode district. The below map shows the position of No. 31 on ELMS CLOSE.