6, MEADOW CLOSE, NEW COSTESSEY, NORWICH, NR5 0ND - £175,000

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

6 MEADOW CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £175,000 in April 2014, which was around 30% below the average April 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

6 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 6 MEADOW 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 MEADOW 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
2014 7 APR	£175,000	£250,166	30% below HPI
2006 27 OCT	£153,950	£242,915	37% below HPI

6 MEADOW 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 MEADOW CLOSE sales from October 2006 and April 2014 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 October 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 6 MEADOW CLOSE?

6 MEADOW CLOSE is 72m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 6 MEADOW CLOSE lies on this distribution: 11% of detached houses are smaller than 6 MEADOW CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Norwich.

6 MEADOW CLOSE: Plot and Title Map

6 MEADOW CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 6 MEADOW 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 MEADOW 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 MEADOW CLOSE?

6 MEADOW CLOSE is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 6 on MEADOW CLOSE.