1, CORNWALLIS CLOSE, NORWICH, NR5 9BJ - £140,000

1 CORNWALLIS CLOSE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £140,000 in August 2012, which was around 48% below the average August 2012 detached price in the Norwich local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

1 CORNWALLIS CLOSE Sold Prices

Land registry data shows three sales for 1 CORNWALLIS 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 1 CORNWALLIS 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 AUG	£140,000	£267,141	48% below HPI
2002 1 JUL	£104,000	£180,155	42% below HPI
1997 28 FEB	£43,000	£79,072	46% below HPI

1 CORNWALLIS 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 1 CORNWALLIS CLOSE sales between February 1997 and August 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 July 2002 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2012 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 1 CORNWALLIS CLOSE?

1 CORNWALLIS CLOSE is 72m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1 CORNWALLIS CLOSE lies on this distribution: 12% of detached houses are smaller than 1 CORNWALLIS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 CORNWALLIS CLOSE: Plot and Title Map

1 CORNWALLIS CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 1 CORNWALLIS 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 1 CORNWALLIS 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 1 CORNWALLIS CLOSE?

1 CORNWALLIS CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 1 on CORNWALLIS CLOSE.