48, CHARLES CLOSE, WROXHAM, NORWICH, NR12 8TU - £392,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 CHARLES CLOSE is a small extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £631,826. It was last sold for £392,000 in July 2014, which was around 49% above the average July 2014 detached price in the Broadland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

48 CHARLES CLOSE Sold Prices

Land registry data shows two sales for 48 CHARLES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 48 CHARLES 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
2014 15 JUL	£392,000	£262,778	49% above HPI
1997 5 AUG	£115,000	£81,040	42% above HPI

48 CHARLES 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 two 48 CHARLES CLOSE sales from August 1997 and July 2014 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 August 1997 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2014 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 48 CHARLES CLOSE be worth now?

48 CHARLES CLOSE might now be worth an estimated £631,826.

This is based on house price inflation of 61.2%, between July 2014 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.2% inflationary increase is applied to the most recent sale price for 48 CHARLES CLOSE of £392,000 on 15th July 2014. For the value to have increased from £392,000 to £631,826 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 48 CHARLES CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The July 2014 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CHARLES CLOSE has not materially changed since July 2014.

How Large is 48 CHARLES CLOSE?

48 CHARLES CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 30% of detached houses houses in Wroxham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wroxham, and where 48 CHARLES CLOSE lies on this distribution: 22% of detached houses houses are smaller than 48 CHARLES CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Wroxham.

48 CHARLES CLOSE: Plot and Title Map

48 CHARLES CLOSE sits on a plot of roughly 0.303 of an acre, or 1,226m². The below map shows the location of 48 CHARLES 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 48 CHARLES 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 48 CHARLES CLOSE?

48 CHARLES CLOSE is located in WROXHAM, in the NR12 postcode district. The below map shows the position of No. 48 on CHARLES CLOSE.