27, LAYER CLOSE, NORWICH, NR5 9NS - £263,000

27 LAYER CLOSE is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £263,000 in May 2014, which was around 10% below the average May 2014 detached price in the Norwich local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

27 LAYER CLOSE Sold Prices

Land registry data shows three sales for 27 LAYER 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 Norwich local authority area for the corresponding sale date. All of the three 27 LAYER 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
2014 16 MAY	£263,000	£291,256	10% below HPI
2007 6 JUL	£233,000	£285,755	18% below HPI
2000 4 SEP	£95,000	£129,616	27% below HPI

27 LAYER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 27 LAYER CLOSE sales between September 2000 and May 2014 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 July 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 27 LAYER CLOSE?

27 LAYER CLOSE is 117m² according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 27 LAYER CLOSE lies on this distribution: 60% of detached houses are smaller than 27 LAYER CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Norwich.

27 LAYER CLOSE: Plot and Title Map

27 LAYER CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 27 LAYER 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 27 LAYER 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 27 LAYER CLOSE?

27 LAYER CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 27 on LAYER CLOSE.