38, MEADOW CLOSE, NORWICH, NR6 6XY - £142,000

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 MEADOW CLOSE is a midsized extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £142,000 in July 2019, which was around 59% below the average July 2019 detached price in the Broadland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

38 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 38 MEADOW 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 Broadland local authority area for the corresponding sale date. Both of the two 38 MEADOW 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
2019 5 JUL	£142,000	£342,562	59% below HPI
2007 14 DEC	£159,000	£251,770	37% below HPI

38 MEADOW 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 two 38 MEADOW CLOSE sales from December 2007 and July 2019 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 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2019 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 38 MEADOW CLOSE?

38 MEADOW CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% 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 MEADOW CLOSE lies on this distribution: 44% of detached houses are smaller than 38 MEADOW CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Norwich.

38 MEADOW CLOSE: Plot and Title Map

38 MEADOW CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 38 MEADOW 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 MEADOW 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 MEADOW CLOSE?

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