5, HORNBEAM CLOSE, NORWICH, NR7 8LN - £237,500

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 HORNBEAM CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £237,500 in June 2021, which was around 34% below the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

5 HORNBEAM CLOSE Sold Prices

Land registry data shows four sales for 5 HORNBEAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 5 HORNBEAM 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
2021 30 JUN	£237,500	£361,326	34% below HPI
2014 28 FEB	£167,000	£252,023	34% below HPI
2009 16 OCT	£149,000	£223,722	33% below HPI
2009 31 MAR	£119,000	£206,618	42% below HPI

5 HORNBEAM 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 four 5 HORNBEAM CLOSE sales between March 2009 and June 2021 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 February 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, which was also at 34% below the HPI.

How Large is 5 HORNBEAM CLOSE?

5 HORNBEAM CLOSE is 73m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 5 HORNBEAM CLOSE lies on this distribution: 12% of detached houses are smaller than 5 HORNBEAM CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 HORNBEAM CLOSE: Plot and Title Map

5 HORNBEAM CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 5 HORNBEAM 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 HORNBEAM 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 HORNBEAM CLOSE?

5 HORNBEAM CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 5 on HORNBEAM CLOSE.