5, ORWELL CLOSE, WYMONDHAM, NR18 0JL - £183,000

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 ORWELL CLOSE is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £183,000 in June 2014, which was around 30% below the average June 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

5 ORWELL CLOSE Sold Prices

Land registry data shows four sales for 5 ORWELL 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 South Norfolk local authority area for the corresponding sale date. All of the four 5 ORWELL 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
2014 12 JUN	£183,000	£260,087	30% below HPI
2011 12 DEC	£132,000	£235,994	44% below HPI
1998 11 DEC	£56,000	£89,479	37% below HPI
1998 30 JAN	£53,500	£83,896	36% below HPI

5 ORWELL 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 four 5 ORWELL CLOSE sales between January 1998 and June 2014 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 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 ORWELL CLOSE?

5 ORWELL CLOSE is 58m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 5 ORWELL CLOSE lies on this distribution: 3% of detached houses are smaller than 5 ORWELL CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

5 ORWELL CLOSE: Plot and Title Map

5 ORWELL CLOSE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 5 ORWELL 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 ORWELL 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 ORWELL CLOSE?

5 ORWELL CLOSE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 5 on ORWELL CLOSE.