7, CENTRAL CLOSE, HETHERSETT, NORWICH, NR9 3ER - £245,000

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

7 CENTRAL CLOSE is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £245,000 in May 2015, which was around 10% below the average May 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

7 CENTRAL CLOSE Sold Prices

Land registry data shows two sales for 7 CENTRAL 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 South Norfolk local authority area for the corresponding sale date. Both of the two 7 CENTRAL 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
2015 27 MAY	£245,000	£270,789	10% below HPI
2014 19 FEB	£192,000	£256,167	25% below HPI

7 CENTRAL 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 two 7 CENTRAL CLOSE sales from February 2014 and May 2015 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 February 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 CENTRAL CLOSE?

7 CENTRAL CLOSE is 94m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 7 CENTRAL CLOSE lies on this distribution: 34% of detached houses are smaller than 7 CENTRAL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

7 CENTRAL CLOSE: Plot and Title Map

7 CENTRAL CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 7 CENTRAL 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 7 CENTRAL 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 7 CENTRAL CLOSE?

7 CENTRAL CLOSE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 7 on CENTRAL CLOSE.