8, FREEMAN CLOSE, LODDON, NORWICH, NR14 6UD - £237,500

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

8 FREEMAN CLOSE is a very small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £237,500 in May 2019, which was around 30% below the average May 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

8 FREEMAN CLOSE Sold Prices

Land registry data shows three sales for 8 FREEMAN 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 FREEMAN 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 2 MAY	£237,500	£338,495	30% below HPI
2015 1 APR	£186,300	£267,912	30% below HPI
2007 6 JUL	£195,000	£253,875	23% below HPI

8 FREEMAN 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 FREEMAN CLOSE sales between July 2007 and May 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 April 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2019 sale, which was also at 30% below the HPI.

How Large is 8 FREEMAN CLOSE?

8 FREEMAN CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of detached houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses by size in Loddon, and where 8 FREEMAN CLOSE lies on this distribution: 16% of detached houses are smaller than 8 FREEMAN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Loddon.

8 FREEMAN CLOSE: Plot and Title Map

8 FREEMAN CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 8 FREEMAN 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 FREEMAN 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 FREEMAN CLOSE?

8 FREEMAN CLOSE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 8 on FREEMAN CLOSE.