33, STEEPGREEN CLOSE, NORWICH, NR1 4NF - £220,000

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.

33 STEEPGREEN CLOSE is a very small extended detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £278,392. It was last sold for £220,000 in August 2016, which was around 40% below the average August 2016 detached price in the Norwich local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

33 STEEPGREEN CLOSE Sold Prices

Land registry data shows three sales for 33 STEEPGREEN 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 Norwich local authority area for the corresponding sale date. All of the three 33 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
2016 12 AUG	£220,000	£365,159	40% below HPI
2013 18 MAR	£182,500	£270,020	32% below HPI
1996 31 JAN	£57,000	£77,609	27% below HPI

33 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 three 33 STEEPGREEN CLOSE sales between January 1996 and August 2016 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 March 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 33 STEEPGREEN CLOSE be worth now?

33 STEEPGREEN CLOSE might now be worth an estimated £278,392.

This is based on house price inflation of 26.5%, between August 2016 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 26.5% inflationary increase is applied to the most recent sale price for 33 STEEPGREEN CLOSE of £220,000 on 12th August 2016. For the value to have increased from £220,000 to £278,392 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 33 STEEPGREEN CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The August 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 33 STEEPGREEN CLOSE has not materially changed since August 2016.

How Large is 33 STEEPGREEN CLOSE?

33 STEEPGREEN CLOSE is 64m², which includes one extension, according to the EPC inspection conducted in May 2016. 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 33 STEEPGREEN CLOSE lies on this distribution: 5% of detached houses houses are smaller than 33 STEEPGREEN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Norwich.

33 STEEPGREEN CLOSE: Plot and Title Map

33 STEEPGREEN CLOSE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 33 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 33 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 33 STEEPGREEN CLOSE?

33 STEEPGREEN CLOSE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 33 on STEEPGREEN CLOSE.