5, BATEMAN CLOSE, NORWICH, NR5 9LE - £185,000

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

5 BATEMAN CLOSE is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £185,000 in January 2021, which was around 54% below the average January 2021 detached price in the Norwich local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

5 BATEMAN CLOSE Sold Prices

Land registry data shows two sales for 5 BATEMAN 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 Norwich local authority area for the corresponding sale date. Both of the two 5 BATEMAN 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 29 JAN	£185,000	£398,712	54% below HPI
2006 20 OCT	£127,500	£260,686	51% below HPI

5 BATEMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 5 BATEMAN CLOSE sales from October 2006 and January 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 October 2006 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the January 2021 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 5 BATEMAN CLOSE?

5 BATEMAN CLOSE is 57m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 5 BATEMAN CLOSE lies on this distribution: 2% of detached houses are smaller than 5 BATEMAN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 BATEMAN CLOSE: Plot and Title Map

5 BATEMAN CLOSE sits on a plot of roughly 0.049 of an acre, or 196m². The below map shows the location of 5 BATEMAN 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 5 BATEMAN 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 5 BATEMAN CLOSE?

5 BATEMAN CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 5 on BATEMAN CLOSE.