7, MALTEN CLOSE, PORINGLAND, NORWICH, NR14 7RW - £175,000

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 MALTEN CLOSE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £175,000 in September 2024, which was around 57% below the average September 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was B.

7 MALTEN CLOSE Sold Prices

Land registry data shows two sales for 7 MALTEN 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 MALTEN 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
2024 16 SEP	£175,000	£410,479	57% below HPI
1998 9 APR	£64,450	£81,371	21% below HPI

7 MALTEN 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 MALTEN CLOSE sales from April 1998 and September 2024 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 April 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2024 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 7 MALTEN CLOSE?

7 MALTEN CLOSE is 68m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 7 MALTEN CLOSE lies on this distribution: 6% of detached houses are smaller than 7 MALTEN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Poringland.

7 MALTEN CLOSE: Plot and Title Map

7 MALTEN CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 7 MALTEN 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 MALTEN 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 MALTEN CLOSE?

7 MALTEN CLOSE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 7 on MALTEN CLOSE.