5, LARCH CLOSE, LITTLE MELTON, NORWICH, NR9 3QZ - £465,000

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 LARCH CLOSE is a large extended detached house of 155m², built sometime between 1996 and 2002, which could now be worth an estimated £519,799. It was last sold for £465,000 in October 2021, which was around 18% above the average October 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

5 LARCH CLOSE Sold Prices

Land registry data shows two sales for 5 LARCH 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. Both of the two 5 LARCH CLOSE sales were 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
2021 18 OCT	£465,000	£393,699	18% above HPI
1998 23 OCT	£135,500	£92,370	47% above HPI

5 LARCH 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 LARCH CLOSE sales from October 1998 and October 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 October 1998 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 5 LARCH CLOSE be worth now?

5 LARCH CLOSE might now be worth an estimated £519,799.

This is based on house price inflation of 11.8%, between October 2021 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 11.8% inflationary increase is applied to the most recent sale price for 5 LARCH CLOSE of £465,000 on 18th October 2021. For the value to have increased from £465,000 to £519,799 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 LARCH CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2021 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LARCH CLOSE has not materially changed since October 2021.

How Large is 5 LARCH CLOSE?

5 LARCH CLOSE is 155m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Melton, and where 5 LARCH CLOSE lies on this distribution: 68% of detached houses houses are smaller than 5 LARCH CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

5 LARCH CLOSE: Plot and Title Map

5 LARCH CLOSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 5 LARCH 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 LARCH 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 LARCH CLOSE?

5 LARCH CLOSE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 5 on LARCH CLOSE.