32, VANE CLOSE, NORWICH, NR7 0US - £265,000

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.

32 VANE CLOSE is a large extended detached house of 132m², built sometime between 2003 and 2006, which could now be worth an estimated £441,727. It was last sold for £265,000 in July 2007, which was around 4% above the average July 2007 detached price in the Broadland local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

32 VANE CLOSE Sold Prices

Land registry data shows three sales for 32 VANE 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 Broadland local authority area for the corresponding sale date. All of the three 32 VANE CLOSE sales were for above 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
2007 11 JUL	£265,000	£254,093	4% above HPI
2005 23 JUN	£230,000	£219,252	5% above HPI
2000 4 JUL	£128,500	£111,962	15% above HPI

32 VANE 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 three 32 VANE CLOSE sales between July 2000 and July 2007 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 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2007 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 32 VANE CLOSE be worth now?

32 VANE CLOSE might now be worth an estimated £441,727.

This is based on house price inflation of 66.7%, between July 2007 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.7% inflationary increase is applied to the most recent sale price for 32 VANE CLOSE of £265,000 on 11th July 2007. For the value to have increased from £265,000 to £441,727 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 32 VANE CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The July 2007 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 32 VANE CLOSE has not materially changed since July 2007.

How Large is 32 VANE CLOSE?

32 VANE CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 30% 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 VANE CLOSE lies on this distribution: 71% of detached houses houses are smaller than 32 VANE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Norwich.

32 VANE CLOSE: Plot and Title Map

32 VANE CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 32 VANE 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 VANE 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 VANE CLOSE?

32 VANE CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 32 on VANE CLOSE.