31, SOUTH GAGE CLOSE, NORWICH, NR7 8BW - £290,000

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 SOUTH GAGE CLOSE is a large extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £290,000 in August 2018, which was around 13% below the average August 2018 detached price in the Broadland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

31 SOUTH GAGE CLOSE Sold Prices

Land registry data shows two sales for 31 SOUTH GAGE 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 31 SOUTH GAGE 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
2018 17 AUG	£290,000	£332,179	13% below HPI
2004 28 JUN	£182,950	£201,594	9% below HPI

31 SOUTH GAGE 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 31 SOUTH GAGE CLOSE sales from June 2004 and August 2018 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 June 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 31 SOUTH GAGE CLOSE?

31 SOUTH GAGE CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 31 SOUTH GAGE CLOSE lies on this distribution: 73% of detached houses are smaller than 31 SOUTH GAGE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Norwich.

31 SOUTH GAGE CLOSE: Plot and Title Map

31 SOUTH GAGE CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 31 SOUTH GAGE 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 SOUTH GAGE 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 SOUTH GAGE CLOSE?

31 SOUTH GAGE CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 31 on SOUTH GAGE CLOSE.