61, NORTH GAGE CLOSE, NORWICH, NR7 8BP - £210,000

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.

61 NORTH GAGE CLOSE is a very small extended detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £216,296. It was last sold for £210,000 in September 2023, which was around 49% below the average September 2023 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 three sales for 61 NORTH GAGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 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
2023 19 SEP	£210,000	£411,218	49% below HPI
2007 25 MAY	£160,000	£251,267	36% below HPI
1998 27 NOV	£62,500	£86,032	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 three 61 NORTH GAGE CLOSE sales between November 1998 and September 2023 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 May 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2023 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 61 NORTH GAGE CLOSE be worth now?

61 NORTH GAGE CLOSE might now be worth an estimated £216,296.

This is based on house price inflation of 3%, between September 2023 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 3% inflationary increase is applied to the most recent sale price for 61 NORTH GAGE CLOSE of £210,000 on 19th September 2023. For the value to have increased from £210,000 to £216,296 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 61 NORTH GAGE CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2023 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 61 NORTH GAGE CLOSE has not materially changed since September 2023.

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 houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 61 NORTH GAGE CLOSE lies on this distribution: 12% of detached houses 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.