48, LINACRE CLOSE, NORWICH, NR7 8PQ - £245,000

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

48 LINACRE CLOSE is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £245,000 in January 2019, which was around 30% below the average January 2019 detached price in the Broadland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

48 LINACRE CLOSE Sold Prices

Land registry data shows two sales for 48 LINACRE 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 LINACRE 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
2019 18 JAN	£245,000	£349,804	30% below HPI
2015 15 DEC	£220,000	£296,371	26% below HPI

48 LINACRE 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 LINACRE CLOSE sales from December 2015 and January 2019 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 December 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 48 LINACRE CLOSE?

48 LINACRE CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 48 LINACRE CLOSE lies on this distribution: 28% of detached houses are smaller than 48 LINACRE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Norwich.

48 LINACRE CLOSE: Plot and Title Map

48 LINACRE CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 48 LINACRE 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 LINACRE 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 LINACRE CLOSE?

48 LINACRE CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 48 on LINACRE CLOSE.