7, ELSTEAD CLOSE, NORWICH, NR4 6LU - £490,000

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 ELSTEAD CLOSE is a midsized extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £490,000 in April 2023, which was around 7% above the average April 2023 detached price in the Norwich local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

7 ELSTEAD CLOSE Sold Prices

Land registry data shows two sales for 7 ELSTEAD 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 Norwich local authority area for the corresponding sale date. Both of the two 7 ELSTEAD CLOSE sales were for above 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 14 APR	£490,000	£459,519	7% above HPI
2003 20 MAY	£219,000	£205,701	6% above HPI

7 ELSTEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 7 ELSTEAD CLOSE sales from May 2003 and April 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 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 7 ELSTEAD CLOSE?

7 ELSTEAD CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 7 ELSTEAD CLOSE lies on this distribution: 51% of detached houses are smaller than 7 ELSTEAD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 ELSTEAD CLOSE: Plot and Title Map

7 ELSTEAD CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 7 ELSTEAD 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 ELSTEAD 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 ELSTEAD CLOSE?

7 ELSTEAD CLOSE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 7 on ELSTEAD CLOSE.