61, NORTH GAGE CLOSE, NORWICH, NR7 8BP - £160,000

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

61 NORTH GAGE CLOSE is a very small extended detached house of 74m², built sometime between 1976 and 1982. It was last sold for £160,000 in May 2007, which was around 36% below the average May 2007 detached price in the Broadland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

61 NORTH GAGE CLOSE Sold Prices

Land registry data shows two sales for 61 NORTH GAGE 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 Broadland local authority area for the corresponding sale date. Both of the two 61 NORTH GAGE 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
2007 25 MAY	£160,000	£248,773	36% below HPI
1998 27 NOV	£62,500	£85,178	27% below HPI

61 NORTH GAGE 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 two 61 NORTH GAGE CLOSE sales from November 1998 and May 2007 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 November 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2007 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 61 NORTH GAGE CLOSE?

61 NORTH GAGE CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in June 2023. 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 61 NORTH GAGE CLOSE lies on this distribution: 12% of detached houses are smaller than 61 NORTH GAGE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Norwich.

61 NORTH GAGE CLOSE: Plot and Title Map

61 NORTH GAGE CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 61 NORTH GAGE 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 61 NORTH GAGE 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 61 NORTH GAGE CLOSE?

61 NORTH GAGE CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 61 on NORTH GAGE CLOSE.