68, GRANGE CLOSE, HOVETON, NORWICH, NR12 8EB - £250,000

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.

68 GRANGE CLOSE is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £314,682. It was last sold for £250,000 in May 2018, which was around 27% below the average May 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

68 GRANGE CLOSE Sold Prices

Land registry data shows four sales for 68 GRANGE 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 North Norfolk local authority area for the corresponding sale date. All of the four 68 GRANGE 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
2018 4 MAY	£250,000	£342,264	27% below HPI
2017 25 OCT	£189,000	£339,187	44% below HPI
2013 20 FEB	£186,000	£240,893	23% below HPI
2006 24 NOV	£190,000	£234,477	19% below HPI

68 GRANGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 68 GRANGE CLOSE sales between November 2006 and May 2018 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 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 68 GRANGE CLOSE be worth now?

68 GRANGE CLOSE might now be worth an estimated £314,682.

This is based on house price inflation of 25.9%, between May 2018 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.9% inflationary increase is applied to the most recent sale price for 68 GRANGE CLOSE of £250,000 on 4th May 2018. For the value to have increased from £250,000 to £314,682 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 68 GRANGE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 68 GRANGE CLOSE has not materially changed since May 2018.

How Large is 68 GRANGE CLOSE?

68 GRANGE CLOSE is 77m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoveton, and where 68 GRANGE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 68 GRANGE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

68 GRANGE CLOSE: Plot and Title Map

68 GRANGE CLOSE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 68 GRANGE 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 68 GRANGE 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 68 GRANGE CLOSE?

68 GRANGE CLOSE is located in HOVETON, in the NR12 postcode district. The below map shows the position of No. 68 on GRANGE CLOSE.