7, MAYES CLOSE, NORWICH, NR5 9AR - £149,999

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 MAYES CLOSE is a midsized extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £149,999 in April 2006, which was around 37% below the average April 2006 detached price in the Norwich local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

7 MAYES CLOSE Sold Prices

Land registry data shows two sales for 7 MAYES 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 MAYES 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
2006 10 APR	£149,999	£238,283	37% below HPI
2004 21 MAY	£140,000	£221,935	37% below HPI

7 MAYES 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 MAYES CLOSE sales from May 2004 and April 2006 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 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2006 sale, which was also at 37% below the HPI.

How Large is 7 MAYES CLOSE?

7 MAYES CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in November 2018. 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 MAYES CLOSE lies on this distribution: 57% of detached houses are smaller than 7 MAYES CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 MAYES CLOSE: Plot and Title Map

7 MAYES CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 7 MAYES 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 MAYES 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 MAYES CLOSE?

7 MAYES CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 7 on MAYES CLOSE.