38, IRETON CLOSE, NORWICH, NR7 0TW - £177,000

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 IRETON CLOSE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £177,000 in May 2011, which was around 24% below the average May 2011 detached price in the Broadland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

38 IRETON CLOSE Sold Prices

Land registry data shows three sales for 38 IRETON 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 38 IRETON 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
2011 11 MAY	£177,000	£231,955	24% below HPI
2006 1 DEC	£180,000	£244,135	26% below HPI
2003 29 AUG	£138,000	£194,271	29% below HPI

38 IRETON 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 38 IRETON CLOSE sales between August 2003 and May 2011 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 December 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2011 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 38 IRETON CLOSE?

38 IRETON CLOSE is 70m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% 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 IRETON CLOSE lies on this distribution: 10% of detached houses are smaller than 38 IRETON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Norwich.

38 IRETON CLOSE: Plot and Title Map

38 IRETON CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 38 IRETON 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 IRETON 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 IRETON CLOSE?

38 IRETON CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 38 on IRETON CLOSE.