8, FOLKARD CLOSE, LONG STRATTON, NORWICH, NR15 2WL - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 FOLKARD CLOSE is a very small extended semi-detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £282,850. It was last sold for £235,000 in December 2020, which was about the average December 2020 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

8 FOLKARD CLOSE Sold Prices

Land registry data shows four sales for 8 FOLKARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. The four 8 FOLKARD CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2020 17 DEC	£235,000	£235,403	Close to HPI
2016 29 APR	£187,000	£193,828	4% below HPI
2006 2 MAY	£159,000	£155,084	3% above HPI
2000 31 MAY	£73,995	£68,631	8% above HPI

8 FOLKARD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 8 FOLKARD CLOSE sales between May 2000 and December 2020 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 April 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 FOLKARD CLOSE be worth now?

8 FOLKARD CLOSE might now be worth an estimated £282,850.

This is based on house price inflation of 20.4%, between December 2020 and February 2025, for semi-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 20.4% inflationary increase is applied to the most recent sale price for 8 FOLKARD CLOSE of £235,000 on 17th December 2020. For the value to have increased from £235,000 to £282,850 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 FOLKARD CLOSE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The December 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FOLKARD CLOSE has not materially changed since December 2020.

How Large is 8 FOLKARD CLOSE?

8 FOLKARD CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of semi-detached houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Long Stratton, and where 8 FOLKARD CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 8 FOLKARD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

8 FOLKARD CLOSE: Plot and Title Map

8 FOLKARD CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 8 FOLKARD 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 FOLKARD 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 FOLKARD CLOSE?

8 FOLKARD CLOSE is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 8 on FOLKARD CLOSE.