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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

68 GRANGE CLOSE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2018, which was around 26% 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	£338,983	26% below HPI
2017 25 OCT	£189,000	£335,936	44% below HPI
2013 20 FEB	£186,000	£238,584	22% below HPI
2006 24 NOV	£190,000	£232,229	18% 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 26% below the HPI. The line then continues to track at 26% below the HPI.

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 in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where 68 GRANGE CLOSE lies on this distribution: 16% of detached 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.