6, MEAD CLOSE, BUXTON, NORWICH, NR10 5EL - £297,000

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.

6 MEAD CLOSE is a small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £346,964. It was last sold for £297,000 in November 2020, which was around 18% below the average November 2020 detached price in the Broadland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

6 MEAD CLOSE Sold Prices

Land registry data shows four sales for 6 MEAD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 6 MEAD 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
2020 16 NOV	£297,000	£362,554	18% below HPI
2016 29 JUL	£200,000	£313,516	36% below HPI
2004 6 OCT	£187,500	£223,401	16% below HPI
2002 5 JUL	£135,000	£162,444	17% below HPI

6 MEAD 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 four 6 MEAD CLOSE sales between July 2002 and November 2020 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 July 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 6 MEAD CLOSE be worth now?

6 MEAD CLOSE might now be worth an estimated £346,964.

This is based on house price inflation of 16.8%, between November 2020 and February 2025, for 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 16.8% inflationary increase is applied to the most recent sale price for 6 MEAD CLOSE of £297,000 on 16th November 2020. For the value to have increased from £297,000 to £346,964 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 MEAD CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2020 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MEAD CLOSE has not materially changed since November 2020.

How Large is 6 MEAD CLOSE?

6 MEAD CLOSE is 89m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses houses in Buxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buxton, and where 6 MEAD CLOSE lies on this distribution: 23% of detached houses houses are smaller than 6 MEAD CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Buxton.

6 MEAD CLOSE: Plot and Title Map

6 MEAD CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 6 MEAD 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 MEAD 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 MEAD CLOSE?

6 MEAD CLOSE is located in BUXTON, in the NR10 postcode district. The below map shows the position of No. 6 on MEAD CLOSE.