8, IRETON CLOSE, NORWICH, NR7 0TW - £174,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 IRETON CLOSE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £174,000 in July 2010, which was around 27% below the average July 2010 detached price in the Broadland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

8 IRETON CLOSE Sold Prices

Land registry data shows two sales for 8 IRETON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 8 IRETON 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
2010 2 JUL	£174,000	£239,586	27% below HPI
1996 27 SEP	£58,500	£73,511	20% below HPI

8 IRETON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 8 IRETON CLOSE sales from September 1996 and July 2010 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 September 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2010 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 IRETON CLOSE?

8 IRETON CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 8 IRETON CLOSE lies on this distribution: 27% of detached houses are smaller than 8 IRETON CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 IRETON CLOSE: Plot and Title Map

8 IRETON CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 8 IRETON 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 IRETON 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 IRETON CLOSE?

8 IRETON CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 8 on IRETON CLOSE.