4, DE GREY CLOSE, NEW COSTESSEY, NORWICH, NR5 0AL - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 DE GREY CLOSE is a large detached house of 140m², which could now be worth an estimated £438,578. It was last sold for £400,000 in May 2024, which was about the average May 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

4 DE GREY CLOSE Sold Prices

Land registry data shows two sales for 4 DE GREY 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 South Norfolk local authority area for the corresponding sale date. One of the two 4 DE GREY CLOSE sales was roughly equal to the average price, whilst the other was 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
2024 2 MAY	£400,000	£401,384	Close to HPI
2014 30 JUL	£210,000	£274,579	24% below HPI

4 DE GREY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 4 DE GREY CLOSE sales from July 2014 and May 2024 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 July 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 DE GREY CLOSE be worth now?

4 DE GREY CLOSE might now be worth an estimated £438,578.

This is based on house price inflation of 9.6%, between May 2024 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for 4 DE GREY CLOSE of £400,000 on 2nd May 2024. For the value to have increased from £400,000 to £438,578 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 4 DE GREY CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2024 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 4 DE GREY CLOSE has not materially changed since May 2024.

How Large is 4 DE GREY CLOSE?

4 DE GREY CLOSE is 140m² according to the EPC inspection conducted in May 2014. 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 4 DE GREY CLOSE lies on this distribution: 75% of detached houses houses are smaller than 4 DE GREY CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Norwich.

4 DE GREY CLOSE: Plot and Title Map

4 DE GREY CLOSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 4 DE GREY 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 4 DE GREY 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 4 DE GREY CLOSE?

4 DE GREY CLOSE is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 4 on DE GREY CLOSE.