8, NEW CLOSE, ACLE, NORWICH, NR13 3BG - £360,000

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 NEW CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £360,000 in October 2021, which was around 6% below the average October 2021 detached price in the Broadland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

8 NEW CLOSE Sold Prices

Land registry data shows three sales for 8 NEW 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 Broadland local authority area for the corresponding sale date. All of the three 8 NEW 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
2021 22 OCT	£360,000	£384,570	6% below HPI
2019 23 SEP	£325,000	£339,727	4% below HPI
2018 12 OCT	£180,000	£339,399	47% below HPI

8 NEW 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 three 8 NEW CLOSE sales between October 2018 and October 2021 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 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 NEW CLOSE?

8 NEW CLOSE is 73m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Acle, based on EPC data. The below chart shows the distribution of detached houses by size in Acle, and where 8 NEW CLOSE lies on this distribution: 10% of detached houses are smaller than 8 NEW CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Acle.

8 NEW CLOSE: Plot and Title Map

8 NEW CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 8 NEW 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 NEW 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 NEW CLOSE?

8 NEW CLOSE is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 8 on NEW CLOSE.