53, NORTH GAGE CLOSE, NORWICH, NR7 8BP - £220,000

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.

53 NORTH GAGE CLOSE is a midsized extended semi-detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £335,645. It was last sold for £220,000 in May 2015, which was around 22% above the average May 2015 semi-detached price in the Broadland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

53 NORTH GAGE CLOSE Sold Prices

Land registry data shows four sales for 53 NORTH GAGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. two of the four 53 NORTH GAGE CLOSE sales were for above the average price, and four 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
2015 29 MAY	£220,000	£180,216	22% above HPI
2007 14 NOV	£171,500	£168,418	2% above HPI
2007 2 FEB	£162,500	£165,171	2% below HPI
2006 23 JUN	£137,000	£154,484	11% below HPI

53 NORTH GAGE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The four 53 NORTH GAGE CLOSE sales between June 2006 and May 2015 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 November 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 53 NORTH GAGE CLOSE be worth now?

53 NORTH GAGE CLOSE might now be worth an estimated £335,645.

This is based on house price inflation of 52.6%, between May 2015 and February 2025, for semi-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 52.6% inflationary increase is applied to the most recent sale price for 53 NORTH GAGE CLOSE of £220,000 on 29th May 2015. For the value to have increased from £220,000 to £335,645 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 53 NORTH GAGE CLOSE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The May 2015 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 53 NORTH GAGE CLOSE has not materially changed since May 2015.

How Large is 53 NORTH GAGE CLOSE?

53 NORTH GAGE CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 53 NORTH GAGE CLOSE lies on this distribution: 42% of semi-detached houses houses are smaller than 53 NORTH GAGE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Norwich.

53 NORTH GAGE CLOSE: Plot and Title Map

53 NORTH GAGE CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 53 NORTH GAGE 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 53 NORTH GAGE 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 53 NORTH GAGE CLOSE?

53 NORTH GAGE CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 53 on NORTH GAGE CLOSE.