55, IRETON CLOSE, NORWICH, NR7 0TW - £140,000

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

55 IRETON CLOSE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £140,000 in December 2008, which was around 35% below the average December 2008 detached price in the Broadland local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

55 IRETON CLOSE Sold Prices

Land registry data shows two sales for 55 IRETON 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 55 IRETON 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
2008 16 DEC	£140,000	£216,085	35% below HPI
2008 30 MAY	£190,000	£252,261	25% below HPI

55 IRETON 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 55 IRETON CLOSE sales from May 2008 and December 2008 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 May 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2008 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 55 IRETON CLOSE?

55 IRETON CLOSE is 71m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 55 IRETON CLOSE lies on this distribution: 11% of detached houses are smaller than 55 IRETON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Norwich.

55 IRETON CLOSE: Plot and Title Map

55 IRETON CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 55 IRETON 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 55 IRETON 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 55 IRETON CLOSE?

55 IRETON CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 55 on IRETON CLOSE.