5, RED ROBIN CLOSE, THARSTON, NORWICH, NR15 2ZD - £325,000

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 RED ROBIN CLOSE is a large detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £442,275. It was last sold for £325,000 in June 2017, which was about the average June 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

5 RED ROBIN CLOSE Sold Prices

Land registry data shows three sales for 5 RED ROBIN 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 South Norfolk local authority area for the corresponding sale date. The three 5 RED ROBIN CLOSE sales were a mix of roughly equal to the average price, and 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
2017 26 JUN	£325,000	£323,398	Close to HPI
2012 9 AUG	£279,995	£245,574	14% above HPI
2002 27 SEP	£200,000	£174,728	14% above HPI

5 RED ROBIN 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 three 5 RED ROBIN CLOSE sales between September 2002 and June 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 August 2012 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 RED ROBIN CLOSE be worth now?

5 RED ROBIN CLOSE might now be worth an estimated £442,275.

This is based on house price inflation of 36.1%, between June 2017 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 36.1% inflationary increase is applied to the most recent sale price for 5 RED ROBIN CLOSE of £325,000 on 26th June 2017. For the value to have increased from £325,000 to £442,275 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 5 RED ROBIN CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RED ROBIN CLOSE has not materially changed since June 2017.

How Large is 5 RED ROBIN CLOSE?

5 RED ROBIN CLOSE is 128m² according to the EPC inspection conducted in September 2011. This puts it in the largest 40% of detached houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Stratton, and where 5 RED ROBIN CLOSE lies on this distribution: 68% of detached houses houses are smaller than 5 RED ROBIN CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

5 RED ROBIN CLOSE: Plot and Title Map

5 RED ROBIN CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 5 RED ROBIN 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 RED ROBIN 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 RED ROBIN CLOSE?

5 RED ROBIN CLOSE is located in THARSTON, in the NR15 postcode district. The below map shows the position of No. 5 on RED ROBIN CLOSE.