5, CHAROLAIS CLOSE, TROWSE, NORWICH, NR14 8GD - £485,000

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.

5 CHAROLAIS CLOSE is a midsized detached house of 140m², built sometime between 2003 and 2006, which could now be worth an estimated £655,724. It was last sold for £485,000 in April 2017, which was around 49% above the average April 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

5 CHAROLAIS CLOSE Sold Prices

Land registry data shows three sales for 5 CHAROLAIS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 5 CHAROLAIS 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
2017 5 APR	£485,000	£325,512	49% above HPI
2010 17 JUN	£382,000	£245,039	56% above HPI
2003 31 OCT	£310,000	£205,615	51% above HPI

5 CHAROLAIS 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 three 5 CHAROLAIS CLOSE sales between October 2003 and April 2017 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 June 2010 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the April 2017 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 5 CHAROLAIS CLOSE be worth now?

5 CHAROLAIS CLOSE might now be worth an estimated £655,724.

This is based on house price inflation of 35.2%, between April 2017 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 35.2% inflationary increase is applied to the most recent sale price for 5 CHAROLAIS CLOSE of £485,000 on 5th April 2017. For the value to have increased from £485,000 to £655,724 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 5 CHAROLAIS CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2017 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHAROLAIS CLOSE has not materially changed since April 2017.

How Large is 5 CHAROLAIS CLOSE?

5 CHAROLAIS CLOSE is 140m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses houses in Trowse Newton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trowse Newton, and where 5 CHAROLAIS CLOSE lies on this distribution: 48% of detached houses houses are smaller than 5 CHAROLAIS CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Trowse Newton.

5 CHAROLAIS CLOSE: Plot and Title Map

5 CHAROLAIS CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 5 CHAROLAIS 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 CHAROLAIS 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 CHAROLAIS CLOSE?

5 CHAROLAIS CLOSE is located in TROWSE, in the NR14 postcode district. The below map shows the position of No. 5 on CHAROLAIS CLOSE.