6, GIBBS CLOSE, LITTLE MELTON, NORWICH, NR9 3NU - £415,000

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 GIBBS CLOSE is a large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £415,000 in February 2021, which was around 15% above the average February 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

6 GIBBS CLOSE Sold Prices

Land registry data shows two sales for 6 GIBBS 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 South Norfolk local authority area for the corresponding sale date. Both of the two 6 GIBBS 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
2021 5 FEB	£415,000	£361,883	15% above HPI
2015 24 APR	£285,000	£267,912	6% above HPI

6 GIBBS 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 two 6 GIBBS CLOSE sales from April 2015 and February 2021 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 April 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 6 GIBBS CLOSE?

6 GIBBS CLOSE is 151m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Melton, and where 6 GIBBS CLOSE lies on this distribution: 65% of detached houses are smaller than 6 GIBBS CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

6 GIBBS CLOSE: Plot and Title Map

6 GIBBS CLOSE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 6 GIBBS 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 GIBBS 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 GIBBS CLOSE?

6 GIBBS CLOSE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 6 on GIBBS CLOSE.