5B, ELVEDEN CLOSE, NORWICH, NR4 6AS - £625,000

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

5B ELVEDEN CLOSE is a very large detached house of 198m², built sometime between 1991 and 1995. It was last sold for £625,000 in September 2019, which was around 65% above the average September 2019 detached price in the Norwich local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

5B ELVEDEN CLOSE Sold Prices

Land registry data shows three sales for 5B ELVEDEN 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 Norwich local authority area for the corresponding sale date. All of the three 5B ELVEDEN CLOSE sales were for above 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
2019 27 SEP	£625,000	£378,987	65% above HPI
2019 30 AUG	£616,250	£377,380	63% above HPI
1996 14 MAY	£175,000	£76,520	129% above HPI

5B ELVEDEN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 5B ELVEDEN CLOSE sales between May 1996 and September 2019 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 August 2019 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the September 2019 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 5B ELVEDEN CLOSE?

5B ELVEDEN CLOSE is 198m² according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 5B ELVEDEN CLOSE lies on this distribution: 94% of detached houses are smaller than 5B ELVEDEN CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5B ELVEDEN CLOSE: Plot and Title Map

5B ELVEDEN CLOSE sits on a plot of roughly 0.288 of an acre, or 1,165m². The below map shows the location of 5B ELVEDEN 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 5B ELVEDEN 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 5B ELVEDEN CLOSE?

5B ELVEDEN CLOSE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 5B on ELVEDEN CLOSE.