8, MEADOW CLOSE, NEW COSTESSEY, NORWICH, NR5 0ND - £180,000

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 MEADOW CLOSE is a very small extended detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £277,469. It was last sold for £180,000 in October 2014, which was around 37% below the average October 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

8 MEADOW CLOSE Sold Prices

Land registry data shows three sales for 8 MEADOW 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 MEADOW 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
2014 31 OCT	£180,000	£285,499	37% below HPI
2012 28 MAR	£185,000	£233,394	21% below HPI
1999 22 JUL	£69,000	£96,040	28% below HPI

8 MEADOW 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 MEADOW CLOSE sales between July 1999 and October 2014 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 March 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 8 MEADOW CLOSE be worth now?

8 MEADOW CLOSE might now be worth an estimated £277,469.

This is based on house price inflation of 54.1%, between October 2014 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 54.1% inflationary increase is applied to the most recent sale price for 8 MEADOW CLOSE of £180,000 on 31st October 2014. For the value to have increased from £180,000 to £277,469 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 MEADOW CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MEADOW CLOSE has not materially changed since October 2014.

How Large is 8 MEADOW CLOSE?

8 MEADOW CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 8 MEADOW CLOSE lies on this distribution: 20% of detached houses houses are smaller than 8 MEADOW CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 MEADOW CLOSE: Plot and Title Map

8 MEADOW CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 8 MEADOW 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 MEADOW 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 MEADOW CLOSE?

8 MEADOW CLOSE is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 8 on MEADOW CLOSE.