7, LONGS CLOSE, NEWTON FLOTMAN, NORWICH, NR15 1QA - £252,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 LONGS CLOSE is a midsized extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £324,554. It was last sold for £252,000 in January 2018, which was around 25% below the average January 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

7 LONGS CLOSE Sold Prices

Land registry data shows two sales for 7 LONGS 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 LONGS 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 3 JAN	£252,000	£334,943	25% below HPI
2016 23 JUN	£160,000	£308,009	48% below HPI

7 LONGS 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 LONGS CLOSE sales from June 2016 and January 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 June 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 LONGS CLOSE be worth now?

7 LONGS CLOSE might now be worth an estimated £324,554.

This is based on house price inflation of 28.8%, between January 2018 and December 2024, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.8% inflationary increase is applied to the most recent sale price for 7 LONGS CLOSE of £252,000 on 3rd January 2018. For the value to have increased from £252,000 to £324,554 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 7 LONGS CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The January 2018 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LONGS CLOSE has not materially changed since January 2018.

How Large is 7 LONGS CLOSE?

7 LONGS CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Flotman, and where 7 LONGS CLOSE lies on this distribution: 48% of detached houses houses are smaller than 7 LONGS CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

7 LONGS CLOSE: Plot and Title Map

7 LONGS CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 7 LONGS 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 LONGS 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 LONGS CLOSE?

7 LONGS CLOSE is located in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of No. 7 on LONGS CLOSE.