5, FARTHING CLOSE, LODDON, NORWICH, NR14 6DL - £300,000

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 FARTHING CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £300,000 in November 2022, which was around 29% below the average November 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

5 FARTHING CLOSE Sold Prices

Land registry data shows three sales for 5 FARTHING 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 FARTHING 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
2022 7 NOV	£300,000	£424,908	29% below HPI
2020 29 MAY	£217,550	£346,736	37% below HPI
2018 28 AUG	£187,400	£339,680	45% below HPI

5 FARTHING 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 FARTHING CLOSE sales between August 2018 and November 2022 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 May 2020 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 FARTHING CLOSE?

5 FARTHING CLOSE is 69m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses by size in Loddon, and where 5 FARTHING CLOSE lies on this distribution: 4% of detached houses are smaller than 5 FARTHING CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Loddon.

5 FARTHING CLOSE: Plot and Title Map

5 FARTHING CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 5 FARTHING 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 FARTHING 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 FARTHING CLOSE?

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