8, OLD MARKET CLOSE, ACLE, NORWICH, NR13 3EY - £250,000

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 OLD MARKET CLOSE is a midsized detached house of 96m², built sometime between 1991 and 1995. It was last sold for £250,000 in October 2018, which was around 26% below the average October 2018 detached price in the Broadland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

8 OLD MARKET CLOSE Sold Prices

Land registry data shows four sales for 8 OLD MARKET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 8 OLD MARKET 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
2018 12 OCT	£250,000	£339,399	26% below HPI
2014 28 MAR	£195,000	£253,114	23% below HPI
2007 28 SEP	£210,000	£263,791	20% below HPI
1995 24 NOV	£66,500	£73,348	9% below HPI

8 OLD MARKET 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 four 8 OLD MARKET CLOSE sales between November 1995 and October 2018 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 OLD MARKET CLOSE?

8 OLD MARKET CLOSE is 96m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% 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 OLD MARKET CLOSE lies on this distribution: 50% of detached houses are smaller than 8 OLD MARKET CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Acle.

8 OLD MARKET CLOSE: Plot and Title Map

8 OLD MARKET CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 8 OLD MARKET 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 OLD MARKET 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 OLD MARKET CLOSE?

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