5, SPENCER CLOSE, LITTLE PLUMSTEAD, NORWICH, NR13 5JE - £117,000

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 SPENCER CLOSE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £117,000 in October 2001, which was around 17% below the average October 2001 detached price in the Broadland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

5 SPENCER CLOSE Sold Prices

Land registry data shows three sales for 5 SPENCER 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 SPENCER 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
2001 26 OCT	£117,000	£140,263	17% below HPI
1998 2 OCT	£71,000	£87,138	19% below HPI
1996 16 APR	£59,500	£71,446	17% below HPI

5 SPENCER 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 SPENCER CLOSE sales between April 1996 and October 2001 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2001 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 SPENCER CLOSE?

5 SPENCER CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 50% of detached houses in Little Plumstead, based on EPC data. The below chart shows the distribution of detached houses by size in Little Plumstead, and where 5 SPENCER CLOSE lies on this distribution: 51% of detached houses are smaller than 5 SPENCER CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Little Plumstead.

5 SPENCER CLOSE: Plot and Title Map

5 SPENCER CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 5 SPENCER 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 SPENCER 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 SPENCER CLOSE?

5 SPENCER CLOSE is located in LITTLE PLUMSTEAD, in the NR13 postcode district. The below map shows the position of No. 5 on SPENCER CLOSE.