6, ELM CLOSE, MULBARTON, NORWICH, NR14 8AU - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 ELM CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £220,000 in October 2018, which was around 36% below the average October 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

6 ELM CLOSE Sold Prices

Land registry data shows five sales for 6 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 6 ELM 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
2018 10 OCT	£220,000	£344,384	36% below HPI
2018 16 FEB	£230,000	£324,788	29% below HPI
2003 21 FEB	£130,000	£179,178	27% below HPI
1999 9 AUG	£64,000	£93,961	32% below HPI
1998 11 MAY	£57,000	£80,392	29% below HPI

6 ELM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The five 6 ELM CLOSE sales between May 1998 and October 2018 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 February 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 6 ELM CLOSE?

6 ELM CLOSE is 76m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 6 ELM CLOSE lies on this distribution: 10% of detached houses are smaller than 6 ELM CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

6 ELM CLOSE: Plot and Title Map

6 ELM CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 6 ELM 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 6 ELM 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 6 ELM CLOSE?

6 ELM CLOSE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 6 on ELM CLOSE.