38, BILLING CLOSE, NORWICH, NR6 7EL - £290,000

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

38 BILLING CLOSE is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £290,000 in November 2023, which was around 29% below the average November 2023 detached price in the Broadland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

38 BILLING CLOSE Sold Prices

Land registry data shows five sales for 38 BILLING CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 38 BILLING 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
2023 9 NOV	£290,000	£408,995	29% below HPI
2022 25 MAR	£290,000	£405,618	29% below HPI
2005 28 OCT	£150,000	£219,478	32% below HPI
1998 18 DEC	£66,250	£84,492	22% below HPI
1995 31 MAR	£57,500	£70,232	18% below HPI

38 BILLING 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 five 38 BILLING CLOSE sales between March 1995 and November 2023 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 2022 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2023 sale, which was also at 29% below the HPI.

How Large is 38 BILLING CLOSE?

38 BILLING CLOSE is 91m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 38 BILLING CLOSE lies on this distribution: 31% of detached houses are smaller than 38 BILLING CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Norwich.

38 BILLING CLOSE: Plot and Title Map

38 BILLING CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 38 BILLING 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 38 BILLING 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 38 BILLING CLOSE?

38 BILLING CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 38 on BILLING CLOSE.