9, LAKELAND CLOSE, LITTLE PLUMSTEAD, NORWICH, NR13 5FF - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 LAKELAND CLOSE is a midsized detached house of 118m², built sometime between 2003 and 2006, which could now be worth an estimated £418,983. It was last sold for £240,000 in July 2012, which was around 1% below the average July 2012 detached price in the Broadland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

9 LAKELAND CLOSE Sold Prices

Land registry data shows two sales for 9 LAKELAND 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 9 LAKELAND 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
2012 23 JUL	£240,000	£242,614	1% below HPI
2007 20 APR	£234,000	£248,796	6% below HPI

9 LAKELAND 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 9 LAKELAND CLOSE sales from April 2007 and July 2012 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 April 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2012 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 9 LAKELAND CLOSE be worth now?

9 LAKELAND CLOSE might now be worth an estimated £418,983.

This is based on house price inflation of 74.6%, between July 2012 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.6% inflationary increase is applied to the most recent sale price for 9 LAKELAND CLOSE of £240,000 on 23rd July 2012. For the value to have increased from £240,000 to £418,983 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 9 LAKELAND CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The July 2012 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LAKELAND CLOSE has not materially changed since July 2012.

How Large is 9 LAKELAND CLOSE?

9 LAKELAND CLOSE is 118m² according to the EPC inspection conducted in March 2012. This puts it in the largest 50% of detached houses houses in Little Plumstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Plumstead, and where 9 LAKELAND CLOSE lies on this distribution: 55% of detached houses houses are smaller than 9 LAKELAND CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Little Plumstead.

9 LAKELAND CLOSE: Plot and Title Map

9 LAKELAND CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 9 LAKELAND 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 9 LAKELAND 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 9 LAKELAND CLOSE?

9 LAKELAND CLOSE is located in LITTLE PLUMSTEAD, in the NR13 postcode district. The below map shows the position of No. 9 on LAKELAND CLOSE.