1, FARM CLOSE, ROYDON, DISS, IP22 4EE - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FARM CLOSE is a midsized detached house of 104m², built sometime from 2007 onwards, which could now be worth an estimated £486,922. It was last sold for £275,000 in September 2011, which was around 13% above the average September 2011 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

1 FARM CLOSE Sold Prices

Land registry data shows two sales for 1 FARM 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 1 FARM 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
2011 9 SEP	£275,000	£243,245	13% above HPI
2008 14 OCT	£120,000	£234,636	49% below HPI

1 FARM 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 1 FARM CLOSE sales from October 2008 and September 2011 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 October 2008 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2011 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 1 FARM CLOSE be worth now?

1 FARM CLOSE might now be worth an estimated £486,922.

This is based on house price inflation of 77.1%, between September 2011 and April 2026, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.1% inflationary increase is applied to the most recent sale price for 1 FARM CLOSE of £275,000 on 9th September 2011. For the value to have increased from £275,000 to £486,922 over the fifteen years and five months to April 2026, the following assumptions must hold true:

• The value of 1 FARM CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2011 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FARM CLOSE has not materially changed since September 2011.

How Large is 1 FARM CLOSE?

1 FARM CLOSE is 104m² according to the EPC inspection conducted in May 2010. This puts it in the largest 50% of detached houses houses in Diss, based on EPC data. The below chart shows the distribution of detached houses houses by size in Diss, and where 1 FARM CLOSE lies on this distribution: 53% of detached houses houses are smaller than 1 FARM CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Diss.

1 FARM CLOSE: Plot and Title Map

1 FARM CLOSE sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of 1 FARM 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 FARM 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 FARM CLOSE?

1 FARM CLOSE is located in ROYDON, in the IP22 postcode district. The below map shows the position of No. 1 on FARM CLOSE.