5, GRENVILLE CLOSE, HETHERSETT, NORWICH, NR9 3AG - £305,000

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 GRENVILLE CLOSE is a large detached house of 133m², built sometime between 1991 and 1995, which could now be worth an estimated £424,237. It was last sold for £305,000 in August 2016, which was around 4% below the average August 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

5 GRENVILLE CLOSE Sold Prices

Land registry data shows two sales for 5 GRENVILLE 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. One of the two 5 GRENVILLE CLOSE sales was for below the average price, whilst the other was 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
2016 11 AUG	£305,000	£316,401	4% below HPI
2004 11 JUN	£215,000	£209,252	3% above HPI

5 GRENVILLE 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 GRENVILLE CLOSE sales from June 2004 and August 2016 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 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 GRENVILLE CLOSE be worth now?

5 GRENVILLE CLOSE might now be worth an estimated £424,237.

This is based on house price inflation of 39.1%, between August 2016 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 39.1% inflationary increase is applied to the most recent sale price for 5 GRENVILLE CLOSE of £305,000 on 11th August 2016. For the value to have increased from £305,000 to £424,237 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 5 GRENVILLE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2016 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRENVILLE CLOSE has not materially changed since August 2016.

How Large is 5 GRENVILLE CLOSE?

5 GRENVILLE CLOSE is 133m² according to the EPC inspection conducted in November 2008. This puts it in the largest 30% 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 GRENVILLE CLOSE lies on this distribution: 74% of detached houses houses are smaller than 5 GRENVILLE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

5 GRENVILLE CLOSE: Plot and Title Map

5 GRENVILLE CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 5 GRENVILLE 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 GRENVILLE 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 GRENVILLE CLOSE?

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