59, POST OFFICE CLOSE, LINGWOOD, NORWICH, NR13 4EW - £223,000

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.

59 POST OFFICE CLOSE is a very small semi-detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £221,767. It was last sold for £223,000 in October 2022, which was around 19% below the average October 2022 semi-detached price in the Broadland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

59 POST OFFICE CLOSE Sold Prices

Land registry data shows two sales for 59 POST OFFICE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. Both of the two 59 POST OFFICE 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
2022 25 OCT	£223,000	£276,477	19% below HPI
1999 23 JUN	£49,500	£56,898	13% below HPI

59 POST OFFICE 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 two 59 POST OFFICE CLOSE sales from June 1999 and October 2022 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 June 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 59 POST OFFICE CLOSE be worth now?

59 POST OFFICE CLOSE might now be worth an estimated £221,767.

This is based on house price deflation of 0.6%, between October 2022 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 0.6% deflationary decrease is applied to the most recent sale price for 59 POST OFFICE CLOSE of £223,000 on 25th October 2022. For the value to have decreased from £223,000 to £221,767 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 59 POST OFFICE CLOSE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The October 2022 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 59 POST OFFICE CLOSE has not materially changed since October 2022.

How Large is 59 POST OFFICE CLOSE?

59 POST OFFICE CLOSE is 61m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of semi-detached houses houses in Lingwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lingwood, and where 59 POST OFFICE CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 59 POST OFFICE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

59 POST OFFICE CLOSE: Plot and Title Map

59 POST OFFICE CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 59 POST OFFICE 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 59 POST OFFICE 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 59 POST OFFICE CLOSE?

59 POST OFFICE CLOSE is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 59 on POST OFFICE CLOSE.