4, OSPREY CLOSE, HOVETON, NORWICH, NR12 8DR - £325,000

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 OSPREY CLOSE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £325,000 in March 2024, which was around 24% below the average March 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

4 OSPREY CLOSE Sold Prices

Land registry data shows three sales for 4 OSPREY 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 North Norfolk local authority area for the corresponding sale date. Two of the three 4 OSPREY CLOSE sales were for below the average price, whilst one was for above 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 19 MAR	£325,000	£430,073	24% below HPI
2015 23 JUN	£270,000	£271,753	1% below HPI
1996 29 AUG	£74,500	£67,693	10% above HPI

4 OSPREY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 4 OSPREY CLOSE sales between August 1996 and March 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 June 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 OSPREY CLOSE?

4 OSPREY CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where 4 OSPREY CLOSE lies on this distribution: 37% of detached houses are smaller than 4 OSPREY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

4 OSPREY CLOSE: Plot and Title Map

4 OSPREY CLOSE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 4 OSPREY 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 OSPREY 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 OSPREY CLOSE?

4 OSPREY CLOSE is located in HOVETON, in the NR12 postcode district. The below map shows the position of No. 4 on OSPREY CLOSE.