5, IRWIN CLOSE, REEPHAM, NORWICH, NR10 4EQ - £180,000

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 IRWIN CLOSE is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £180,000 in February 2017, which was around 43% below the average February 2017 detached price in the Broadland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was B.

5 IRWIN CLOSE Sold Prices

Land registry data shows three sales for 5 IRWIN 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 IRWIN 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
2017 1 FEB	£180,000	£316,578	43% below HPI
2002 9 OCT	£141,500	£173,191	18% below HPI
2001 15 OCT	£88,750	£140,263	37% below HPI

5 IRWIN 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 IRWIN CLOSE sales between October 2001 and February 2017 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 October 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 5 IRWIN CLOSE?

5 IRWIN CLOSE is 59m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 5 IRWIN CLOSE lies on this distribution: 3% of detached houses are smaller than 5 IRWIN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Reepham.

5 IRWIN CLOSE: Plot and Title Map

5 IRWIN CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 5 IRWIN 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 IRWIN 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 IRWIN CLOSE?

5 IRWIN CLOSE is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 5 on IRWIN CLOSE.