5, CENTRAL CLOSE, HETHERSETT, NORWICH, NR9 3ER - £120,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CENTRAL CLOSE is a small extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £415,305. It was last sold for £120,000 in November 2000, which was around 6% below the average November 2000 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

5 CENTRAL CLOSE Sold Prices

Land registry data shows two sales for 5 CENTRAL 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 South Norfolk local authority area for the corresponding sale date. Both of the two 5 CENTRAL 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
2000 17 NOV	£120,000	£127,163	6% below HPI
1997 7 JUL	£70,000	£82,117	15% below HPI

5 CENTRAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 5 CENTRAL CLOSE sales from July 1997 and November 2000 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 July 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2000 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 CENTRAL CLOSE be worth now?

5 CENTRAL CLOSE might now be worth an estimated £415,305.

This is based on house price inflation of 246.1%, between November 2000 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 246.1% inflationary increase is applied to the most recent sale price for 5 CENTRAL CLOSE of £120,000 on 17th November 2000. For the value to have increased from £120,000 to £415,305 over the 25 years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 CENTRAL CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2000 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CENTRAL CLOSE has not materially changed since November 2000.

How Large is 5 CENTRAL CLOSE?

5 CENTRAL CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hethersett, and where 5 CENTRAL CLOSE lies on this distribution: 37% of detached houses houses are smaller than 5 CENTRAL CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

5 CENTRAL CLOSE: Plot and Title Map

5 CENTRAL CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 5 CENTRAL 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 CENTRAL 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 CENTRAL CLOSE?

5 CENTRAL CLOSE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 5 on CENTRAL CLOSE.