7, VICARAGE CLOSE, COSTESSEY, NORWICH, NR8 5DL - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 VICARAGE CLOSE is a midsized extended detached house of 126m², built sometime between 1967 and 1975, which could now be worth an estimated £367,736. It was last sold for £290,000 in June 2019, which was around 16% below the average June 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

7 VICARAGE CLOSE Sold Prices

Land registry data shows three sales for 7 VICARAGE 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 South Norfolk local authority area for the corresponding sale date. All of the three 7 VICARAGE 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
2019 6 JUN	£290,000	£347,063	16% below HPI
2002 5 JUL	£149,000	£166,854	11% below HPI
1998 15 SEP	£72,000	£90,255	20% below HPI

7 VICARAGE 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 three 7 VICARAGE CLOSE sales between September 1998 and June 2019 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 July 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 VICARAGE CLOSE be worth now?

7 VICARAGE CLOSE might now be worth an estimated £367,736.

This is based on house price inflation of 26.8%, between June 2019 and February 2025, 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 26.8% inflationary increase is applied to the most recent sale price for 7 VICARAGE CLOSE of £290,000 on 6th June 2019. For the value to have increased from £290,000 to £367,736 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 7 VICARAGE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 7 VICARAGE CLOSE has not materially changed since June 2019.

How Large is 7 VICARAGE CLOSE?

7 VICARAGE CLOSE is 126m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costessey, and where 7 VICARAGE CLOSE lies on this distribution: 47% of detached houses houses are smaller than 7 VICARAGE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Costessey.

7 VICARAGE CLOSE: Plot and Title Map

7 VICARAGE CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 7 VICARAGE 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 VICARAGE 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 VICARAGE CLOSE?

7 VICARAGE CLOSE is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 7 on VICARAGE CLOSE.