70, GRANGE CLOSE, HOVETON, NORWICH, NR12 8EB - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

70 GRANGE CLOSE is a midsized extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £340,000 in July 2023, which was around 23% below the average July 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

70 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 70 GRANGE 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 North Norfolk local authority area for the corresponding sale date. Two of the three 70 GRANGE CLOSE sales were for below the average price, whilst one was for above 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
2023 20 JUL	£340,000	£442,761	23% below HPI
2004 10 FEB	£178,000	£198,795	10% below HPI
2002 27 MAR	£159,000	£140,541	13% above HPI

70 GRANGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 70 GRANGE CLOSE sales between March 2002 and July 2023 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 February 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 70 GRANGE CLOSE?

70 GRANGE CLOSE is 99m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where 70 GRANGE CLOSE lies on this distribution: 43% of detached houses are smaller than 70 GRANGE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

70 GRANGE CLOSE: Plot and Title Map

70 GRANGE CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 70 GRANGE 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 70 GRANGE 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 70 GRANGE CLOSE?

70 GRANGE CLOSE is located in HOVETON, in the NR12 postcode district. The below map shows the position of No. 70 on GRANGE CLOSE.