41, BILLING CLOSE, NORWICH, NR6 7EL - £280,000

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

41 BILLING CLOSE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £280,000 in September 2021, which was around 26% below the average September 2021 detached price in the Broadland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

41 BILLING CLOSE Sold Prices

Land registry data shows six sales for 41 BILLING CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the six 41 BILLING 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
2021 17 SEP	£280,000	£380,333	26% below HPI
2015 26 JUN	£202,000	£274,912	27% below HPI
2007 27 JUL	£178,500	£251,572	29% below HPI
2006 28 JUL	£172,000	£233,719	26% below HPI
2000 8 SEP	£84,000	£117,994	29% below HPI
1996 21 JUN	£48,000	£71,630	33% below HPI

41 BILLING 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 six 41 BILLING CLOSE sales between June 1996 and September 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 June 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 41 BILLING CLOSE?

41 BILLING CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 41 BILLING CLOSE lies on this distribution: 32% of detached houses are smaller than 41 BILLING CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Norwich.

41 BILLING CLOSE: Plot and Title Map

41 BILLING CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 41 BILLING 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 41 BILLING 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 41 BILLING CLOSE?

41 BILLING CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 41 on BILLING CLOSE.