5, DENMEAD CLOSE, NORWICH, NR4 6NB - £324,000

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 DENMEAD CLOSE is a large detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £388,613. It was last sold for £324,000 in May 2018, which was around 16% below the average May 2018 detached price in the Norwich local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

5 DENMEAD CLOSE Sold Prices

Land registry data shows three sales for 5 DENMEAD 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 Norwich local authority area for the corresponding sale date. One of the three 5 DENMEAD CLOSE sales was for below the average price, whilst two 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
2018 18 MAY	£324,000	£385,251	16% below HPI
2000 15 DEC	£137,000	£133,458	3% above HPI
1996 16 FEB	£87,500	£75,005	17% above HPI

5 DENMEAD 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 three 5 DENMEAD CLOSE sales between February 1996 and May 2018 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 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 DENMEAD CLOSE be worth now?

5 DENMEAD CLOSE might now be worth an estimated £388,613.

This is based on house price inflation of 19.9%, between May 2018 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.9% inflationary increase is applied to the most recent sale price for 5 DENMEAD CLOSE of £324,000 on 18th May 2018. For the value to have increased from £324,000 to £388,613 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 5 DENMEAD CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The May 2018 sale price of £324,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DENMEAD CLOSE has not materially changed since May 2018.

How Large is 5 DENMEAD CLOSE?

5 DENMEAD CLOSE is 120m² according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 5 DENMEAD CLOSE lies on this distribution: 62% of detached houses houses are smaller than 5 DENMEAD CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 DENMEAD CLOSE: Plot and Title Map

5 DENMEAD CLOSE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 5 DENMEAD 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 DENMEAD 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 DENMEAD CLOSE?

5 DENMEAD CLOSE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 5 on DENMEAD CLOSE.