4, FREELAND CLOSE, TAVERHAM, NORWICH, NR8 6XR - £235,000

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

4 FREELAND CLOSE is a small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £235,000 in August 2018, which was around 29% below the average August 2018 detached price in the Broadland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

4 FREELAND CLOSE Sold Prices

Land registry data shows four sales for 4 FREELAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 4 FREELAND 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
2018 10 AUG	£235,000	£332,179	29% below HPI
2015 29 JAN	£195,000	£273,799	29% below HPI
2014 2 OCT	£186,000	£269,459	31% below HPI
2004 10 SEP	£169,500	£218,110	22% below HPI

4 FREELAND 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 four 4 FREELAND CLOSE sales between September 2004 and August 2018 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 January 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2018 sale, which was also at 29% below the HPI.

How Large is 4 FREELAND CLOSE?

4 FREELAND CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Marriot, and where 4 FREELAND CLOSE lies on this distribution: 22% of detached houses are smaller than 4 FREELAND CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

4 FREELAND CLOSE: Plot and Title Map

4 FREELAND CLOSE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 4 FREELAND 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 FREELAND 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 FREELAND CLOSE?

4 FREELAND CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 4 on FREELAND CLOSE.