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 BEK CLOSE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £247,000 in March 2024, which was around 44% below the average March 2024 detached price in the Norwich local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 BEK CLOSE since 1st 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 BEK 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 |
---|---|---|---|
2024 19 MAR | £247,000 | £444,906 | 44% below HPI |
2011 20 APR | £175,000 | £258,439 | 32% below HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 5 BEK CLOSE sales from April 2011 and March 2024 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 April 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2024 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
5 BEK CLOSE is 63m² according to the EPC inspection conducted in November 2022. 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 BEK CLOSE lies on this distribution: 4% of detached houses are smaller than 5 BEK CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Norwich.
5 BEK CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 5 BEK 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 BEK 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.
5 BEK CLOSE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 5 on BEK CLOSE.