6, STILE CLOSE, MULBARTON, NORWICH, NR14 8BH - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 STILE CLOSE is a very small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £277,897. It was last sold for £275,000 in October 2024, which was around 36% below the average October 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

6 STILE CLOSE Sold Prices

Land registry data shows four sales for 6 STILE 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 South Norfolk local authority area for the corresponding sale date. All of the four 6 STILE 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
2024 31 OCT	£275,000	£426,881	36% below HPI
2004 30 JAN	£137,000	£204,346	33% below HPI
1998 4 DEC	£58,000	£92,283	37% below HPI
1995 17 NOV	£43,750	£73,252	40% below HPI

6 STILE 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 four 6 STILE CLOSE sales between November 1995 and October 2024 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 January 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 6 STILE CLOSE be worth now?

6 STILE CLOSE might now be worth an estimated £277,897.

This is based on house price inflation of 1.1%, between October 2024 and December 2024, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for 6 STILE CLOSE of £275,000 on 31st October 2024. For the value to have increased from £275,000 to £277,897 over the ten months to December 2024, the following assumptions must hold true:

• The value of 6 STILE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2024 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 6 STILE CLOSE has not materially changed since October 2024.

How Large is 6 STILE CLOSE?

6 STILE CLOSE is 81m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mulbarton, and where 6 STILE CLOSE lies on this distribution: 16% of detached houses houses are smaller than 6 STILE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

6 STILE CLOSE: Plot and Title Map

6 STILE CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 6 STILE 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 STILE 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 STILE CLOSE?

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