43, BILLING CLOSE, NORWICH, NR6 7EL - £265,000

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

43 BILLING CLOSE is a small extended detached house of 85m², built sometime between 1983 and 1990. It was last sold for £265,000 in December 2020, which was around 26% below the average December 2020 detached price in the Broadland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

43 BILLING CLOSE Sold Prices

Land registry data shows three sales for 43 BILLING 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 Broadland local authority area for the corresponding sale date. All of the three 43 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
2020 18 DEC	£265,000	£356,241	26% below HPI
2012 12 MAR	£165,000	£234,625	30% below HPI
2006 7 JUL	£172,500	£233,719	26% below HPI

43 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 three 43 BILLING CLOSE sales between July 2006 and December 2020 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 March 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 43 BILLING CLOSE?

43 BILLING CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 43 BILLING CLOSE lies on this distribution: 23% of detached houses are smaller than 43 BILLING CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Norwich.

43 BILLING CLOSE: Plot and Title Map

43 BILLING CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 43 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 43 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 43 BILLING CLOSE?

43 BILLING CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 43 on BILLING CLOSE.