5, TALBOT CLOSE, WYMONDHAM, NR18 0TH - £285,000

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 TALBOT CLOSE is a very small extended detached house of 79m², built sometime between 1976 and 1982. It was last sold for £285,000 in August 2021, which was around 23% below the average August 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

5 TALBOT CLOSE Sold Prices

Land registry data shows three sales for 5 TALBOT 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. All of the three 5 TALBOT 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
2021 20 AUG	£285,000	£368,708	23% below HPI
2019 19 JUL	£230,000	£332,026	31% below HPI
1999 12 JUL	£59,950	£93,122	36% below HPI

5 TALBOT 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 TALBOT CLOSE sales between July 1999 and August 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 July 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 TALBOT CLOSE?

5 TALBOT CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% 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 TALBOT CLOSE lies on this distribution: 16% of detached houses are smaller than 5 TALBOT CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

5 TALBOT CLOSE: Plot and Title Map

5 TALBOT CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 5 TALBOT 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 TALBOT 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 TALBOT CLOSE?

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