5, WALLER CLOSE, NORWICH, NR7 0RN - £187,500

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 WALLER CLOSE is a large extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £405,335. It was last sold for £187,500 in December 2003, which was around 4% below the average December 2003 detached price in the Broadland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

5 WALLER CLOSE Sold Prices

Land registry data shows two sales for 5 WALLER 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 Broadland local authority area for the corresponding sale date. Both of the two 5 WALLER 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
2003 19 DEC	£187,500	£195,924	4% below HPI
1998 23 OCT	£85,950	£88,012	2% below HPI

5 WALLER 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 two 5 WALLER CLOSE sales from October 1998 and December 2003 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2003 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 WALLER CLOSE be worth now?

5 WALLER CLOSE might now be worth an estimated £405,335.

This is based on house price inflation of 116.2%, between December 2003 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 116.2% inflationary increase is applied to the most recent sale price for 5 WALLER CLOSE of £187,500 on 19th December 2003. For the value to have increased from £187,500 to £405,335 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 WALLER CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2003 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 5 WALLER CLOSE has not materially changed since December 2003.

How Large is 5 WALLER CLOSE?

5 WALLER CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 5 WALLER CLOSE lies on this distribution: 60% of detached houses houses are smaller than 5 WALLER CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 WALLER CLOSE: Plot and Title Map

5 WALLER CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 5 WALLER 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 WALLER 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 WALLER CLOSE?

5 WALLER CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 5 on WALLER CLOSE.