4, HOMESTEAD CLOSE, LINGWOOD, NORWICH, NR13 4AT - £268,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 HOMESTEAD CLOSE is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £268,000 in October 2019, which was around 21% below the average October 2019 detached price in the Broadland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

4 HOMESTEAD CLOSE Sold Prices

Land registry data shows four sales for 4 HOMESTEAD 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 HOMESTEAD 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 31 OCT	£268,000	£339,701	21% below HPI
2016 18 JAN	£240,000	£298,964	20% below HPI
2000 31 MAR	£75,000	£102,807	27% below HPI
1997 11 JUL	£60,000	£78,911	24% below HPI

4 HOMESTEAD 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 HOMESTEAD CLOSE sales between July 1997 and October 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 January 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 HOMESTEAD CLOSE?

4 HOMESTEAD CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 4 HOMESTEAD CLOSE lies on this distribution: 39% of detached houses are smaller than 4 HOMESTEAD CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

4 HOMESTEAD CLOSE: Plot and Title Map

4 HOMESTEAD CLOSE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 4 HOMESTEAD 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 HOMESTEAD 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 HOMESTEAD CLOSE?

4 HOMESTEAD CLOSE is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 4 on HOMESTEAD CLOSE.