32, STEEPGREEN CLOSE, NORWICH, NR1 4NF - £255,500

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.

32 STEEPGREEN CLOSE is a very small detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £263,032. It was last sold for £255,500 in October 2021, which was around 43% below the average October 2021 detached price in the Norwich local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

32 STEEPGREEN CLOSE Sold Prices

Land registry data shows two sales for 32 STEEPGREEN 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 Norwich local authority area for the corresponding sale date. Both of the two 32 STEEPGREEN 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
2021 29 OCT	£255,500	£448,848	43% below HPI
2001 18 MAY	£75,000	£138,240	46% below HPI

32 STEEPGREEN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 32 STEEPGREEN CLOSE sales from May 2001 and October 2021 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 2001 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 32 STEEPGREEN CLOSE be worth now?

32 STEEPGREEN CLOSE might now be worth an estimated £263,032.

This is based on house price inflation of 2.9%, between October 2021 and February 2025, for detached houses, in the Norwich 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 32 STEEPGREEN CLOSE of £255,500 on 29th October 2021. For the value to have increased from £255,500 to £263,032 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 32 STEEPGREEN CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The October 2021 sale price of £255,500 represented a fair market value for the property.
• The size, condition, and specification of 32 STEEPGREEN CLOSE has not materially changed since October 2021.

How Large is 32 STEEPGREEN CLOSE?

32 STEEPGREEN CLOSE is 63m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 32 STEEPGREEN CLOSE lies on this distribution: 4% of detached houses houses are smaller than 32 STEEPGREEN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Norwich.

32 STEEPGREEN CLOSE: Plot and Title Map

32 STEEPGREEN CLOSE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 32 STEEPGREEN 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 32 STEEPGREEN 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 32 STEEPGREEN CLOSE?

32 STEEPGREEN CLOSE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 32 on STEEPGREEN CLOSE.