5, KEYES CLOSE, NORWICH, NR1 2JY - £168,000

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 KEYES CLOSE is a very small detached house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £193,741. It was last sold for £168,000 in December 2018, which was around 58% below the average December 2018 detached price in the Norwich local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

5 KEYES CLOSE Sold Prices

Land registry data shows two sales for 5 KEYES 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 Norwich local authority area for the corresponding sale date. Both of the two 5 KEYES 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
2018 17 DEC	£168,000	£400,685	58% below HPI
2006 12 JAN	£114,000	£242,672	53% below HPI

5 KEYES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 5 KEYES CLOSE sales from January 2006 and December 2018 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 January 2006 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the December 2018 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 5 KEYES CLOSE be worth now?

5 KEYES CLOSE might now be worth an estimated £193,741.

This is based on house price inflation of 15.3%, between December 2018 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for 5 KEYES CLOSE of £168,000 on 17th December 2018. For the value to have increased from £168,000 to £193,741 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 KEYES CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The December 2018 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KEYES CLOSE has not materially changed since December 2018.

How Large is 5 KEYES CLOSE?

5 KEYES CLOSE is 69m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 5 KEYES CLOSE lies on this distribution: 9% of detached houses houses are smaller than 5 KEYES CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 KEYES CLOSE: Plot and Title Map

5 KEYES CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 5 KEYES 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 KEYES 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 KEYES CLOSE?

5 KEYES CLOSE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 5 on KEYES CLOSE.