5, HAZEL CLOSE, TAVERHAM, NORWICH, NR8 6YE - £249,300

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 HAZEL CLOSE is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £249,300 in April 2019, which was around 26% below the average April 2019 detached price in the Broadland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

5 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 5 HAZEL 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 Broadland local authority area for the corresponding sale date. All of the three 5 HAZEL 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
2019 26 APR	£249,300	£337,503	26% below HPI
2013 18 DEC	£195,000	£246,351	21% below HPI
2005 13 JUL	£162,500	£217,447	25% below HPI

5 HAZEL 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 three 5 HAZEL CLOSE sales between July 2005 and April 2019 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 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 HAZEL CLOSE?

5 HAZEL CLOSE is 90m², which includes three extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 5 HAZEL CLOSE lies on this distribution: 20% of detached houses are smaller than 5 HAZEL CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Taverham.

5 HAZEL CLOSE: Plot and Title Map

5 HAZEL CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 5 HAZEL 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 HAZEL 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 HAZEL CLOSE?

5 HAZEL CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 5 on HAZEL CLOSE.