5, ELM CLOSE, LINGWOOD, NORWICH, NR13 4TQ - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 ELM CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £210,000 in January 2014, which was around 15% below the average January 2014 detached price in the Broadland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

5 ELM CLOSE Sold Prices

Land registry data shows two sales for 5 ELM 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 Broadland local authority area for the corresponding sale date. Both of the two 5 ELM 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
2014 30 JAN	£210,000	£248,162	15% below HPI
2009 16 MAR	£150,000	£206,618	27% below HPI

5 ELM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 5 ELM CLOSE sales from March 2009 and January 2014 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 March 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 ELM CLOSE?

5 ELM CLOSE is 76m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 5 ELM CLOSE lies on this distribution: 18% of detached houses are smaller than 5 ELM CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

5 ELM CLOSE: Plot and Title Map

5 ELM CLOSE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 5 ELM 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 ELM 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 ELM CLOSE?

5 ELM CLOSE is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 5 on ELM CLOSE.