7, NEWCASTLE CLOSE, NORWICH, NR7 0TJ - £307,000

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 NEWCASTLE CLOSE is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £307,000 in October 2022, which was around 28% below the average October 2022 detached price in the Broadland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

7 NEWCASTLE CLOSE Sold Prices

Land registry data shows three sales for 7 NEWCASTLE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 7 NEWCASTLE 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
2022 24 OCT	£307,000	£425,623	28% below HPI
2006 17 AUG	£180,000	£235,524	24% below HPI
1995 11 OCT	£61,000	£74,677	18% below HPI

7 NEWCASTLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 7 NEWCASTLE CLOSE sales between October 1995 and October 2022 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 August 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 NEWCASTLE CLOSE?

7 NEWCASTLE CLOSE is 87m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% 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 NEWCASTLE CLOSE lies on this distribution: 26% of detached houses are smaller than 7 NEWCASTLE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 NEWCASTLE CLOSE: Plot and Title Map

7 NEWCASTLE CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 7 NEWCASTLE 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 NEWCASTLE 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 NEWCASTLE CLOSE?

7 NEWCASTLE CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 7 on NEWCASTLE CLOSE.