4, PIGHTLE CLOSE, MULBARTON, NORWICH, NR14 8GJ - £460,000

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 PIGHTLE CLOSE is a large detached house of 144m², built sometime between 2003 and 2006, which could now be worth an estimated £493,278. It was last sold for £460,000 in November 2021, which was around 14% above the average November 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

4 PIGHTLE CLOSE Sold Prices

Land registry data shows four sales for 4 PIGHTLE 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 South Norfolk local authority area for the corresponding sale date. All of the four 4 PIGHTLE CLOSE sales were 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
2021 8 NOV	£460,000	£402,276	14% above HPI
2019 1 NOV	£425,000	£352,646	21% above HPI
2013 19 AUG	£303,000	£250,496	21% above HPI
2004 10 SEP	£285,000	£228,775	25% above HPI

4 PIGHTLE 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 four 4 PIGHTLE CLOSE sales between September 2004 and November 2021 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 November 2019 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 4 PIGHTLE CLOSE be worth now?

4 PIGHTLE CLOSE might now be worth an estimated £493,278.

This is based on house price inflation of 7.2%, between November 2021 and December 2024, 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 7.2% inflationary increase is applied to the most recent sale price for 4 PIGHTLE CLOSE of £460,000 on 8th November 2021. For the value to have increased from £460,000 to £493,278 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 PIGHTLE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2021 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PIGHTLE CLOSE has not materially changed since November 2021.

How Large is 4 PIGHTLE CLOSE?

4 PIGHTLE CLOSE is 144m² according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mulbarton, and where 4 PIGHTLE CLOSE lies on this distribution: 68% of detached houses houses are smaller than 4 PIGHTLE CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

4 PIGHTLE CLOSE: Plot and Title Map

4 PIGHTLE CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 4 PIGHTLE 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 PIGHTLE 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 PIGHTLE CLOSE?

4 PIGHTLE CLOSE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 4 on PIGHTLE CLOSE.