8, VALLEY CLOSE, EARSHAM, BUNGAY, NR35 2TN - £307,500

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 VALLEY CLOSE is a large extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £307,500 in August 2015, which was around 11% above the average August 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

8 VALLEY CLOSE Sold Prices

Land registry data shows two sales for 8 VALLEY 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 South Norfolk local authority area for the corresponding sale date. One of the two 8 VALLEY CLOSE sales was for above the average price, whilst the other was 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
2015 13 AUG	£307,500	£278,207	11% above HPI
2012 6 AUG	£150,000	£238,112	37% below HPI

8 VALLEY 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 two 8 VALLEY CLOSE sales from August 2012 and August 2015 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 August 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2015 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 8 VALLEY CLOSE?

8 VALLEY CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Earsham, based on EPC data. The below chart shows the distribution of detached houses by size in Earsham, and where 8 VALLEY CLOSE lies on this distribution: 72% of detached houses are smaller than 8 VALLEY CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Earsham.

8 VALLEY CLOSE: Plot and Title Map

8 VALLEY CLOSE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 8 VALLEY 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 VALLEY 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 VALLEY CLOSE?

8 VALLEY CLOSE is located in EARSHAM, in the NR35 postcode district. The below map shows the position of No. 8 on VALLEY CLOSE.