Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
9 WILLOW CLOSE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £255,000 in January 2021, which was around 30% below the average January 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows seven sales for 9 WILLOW CLOSE since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the seven 9 WILLOW 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 12 JAN | £255,000 | £364,601 | 30% below HPI |
2019 7 NOV | £202,000 | £341,931 | 41% below HPI |
2008 24 JUL | £130,000 | £244,924 | 47% below HPI |
2007 15 JAN | £144,375 | £245,618 | 41% below HPI |
2001 15 JUN | £88,500 | £127,354 | 31% below HPI |
2000 28 NOV | £85,500 | £123,299 | 31% below HPI |
1997 16 DEC | £56,000 | £84,474 | 34% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The seven 9 WILLOW CLOSE sales between December 1997 and January 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 November 2019 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
9 WILLOW CLOSE is 63m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Wortwell, based on EPC data. The below chart shows the distribution of detached houses by size in Wortwell, and where 9 WILLOW CLOSE lies on this distribution: 2% of detached houses are smaller than 9 WILLOW CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wortwell.
9 WILLOW CLOSE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 9 WILLOW 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 WILLOW 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.
9 WILLOW CLOSE is located in WORTWELL, in the IP20 postcode district. The below map shows the position of No. 9 on WILLOW CLOSE.