8, ELAN CLOSE, WYMONDHAM, NR18 9LW - £195,000

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.

8 ELAN CLOSE is a very small extended detached house of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £382,464. It was last sold for £195,000 in November 2009, which was around 13% below the average November 2009 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

8 ELAN CLOSE Sold Prices

Land registry data shows three sales for 8 ELAN 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 8 ELAN 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
2009 20 NOV	£195,000	£224,383	13% below HPI
2001 1 JUN	£113,000	£131,345	14% below HPI
1998 25 JUN	£77,500	£84,533	8% below HPI

8 ELAN 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 8 ELAN CLOSE sales between June 1998 and November 2009 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 June 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2009 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 ELAN CLOSE be worth now?

8 ELAN CLOSE might now be worth an estimated £382,464.

This is based on house price inflation of 96.1%, between November 2009 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 96.1% inflationary increase is applied to the most recent sale price for 8 ELAN CLOSE of £195,000 on 20th November 2009. For the value to have increased from £195,000 to £382,464 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 ELAN CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2009 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELAN CLOSE has not materially changed since November 2009.

How Large is 8 ELAN CLOSE?

8 ELAN CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 8 ELAN CLOSE lies on this distribution: 4% of detached houses houses are smaller than 8 ELAN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

8 ELAN CLOSE: Plot and Title Map

8 ELAN CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 8 ELAN 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 8 ELAN 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 8 ELAN CLOSE?

8 ELAN CLOSE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 8 on ELAN CLOSE.