115, BROADGATE CLOSE, NORTHREPPS, CROMER, NR27 0LR - £157,500

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.

115 BROADGATE CLOSE is a very small terraced house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £187,890. It was last sold for £157,500 in March 2018, which was around 17% below the average March 2018 terraced price in the North Norfolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was A.

115 BROADGATE CLOSE Sold Prices

Land registry data shows three sales for 115 BROADGATE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. All of the three 115 BROADGATE 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
2018 22 MAR	£157,500	£190,671	17% below HPI
2013 23 OCT	£129,500	£141,872	9% below HPI
2008 2 MAY	£125,500	£148,168	15% below HPI

115 BROADGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Norfolk local authority area over time, sourced from the HPI. The three 115 BROADGATE CLOSE sales between May 2008 and March 2018 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 115 BROADGATE CLOSE be worth now?

115 BROADGATE CLOSE might now be worth an estimated £187,890.

This is based on house price inflation of 19.3%, between March 2018 and May 2026, for terraced houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.3% inflationary increase is applied to the most recent sale price for 115 BROADGATE CLOSE of £157,500 on 22nd March 2018. For the value to have increased from £157,500 to £187,890 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 115 BROADGATE CLOSE has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The March 2018 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 115 BROADGATE CLOSE has not materially changed since March 2018.

How Large is 115 BROADGATE CLOSE?

115 BROADGATE CLOSE is 56m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of terraced houses houses in Northrepps, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Northrepps, and where 115 BROADGATE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 115 BROADGATE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Northrepps.

115 BROADGATE CLOSE: Plot and Title Map

115 BROADGATE CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 115 BROADGATE 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 115 BROADGATE 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 115 BROADGATE CLOSE?

115 BROADGATE CLOSE is located in NORTHREPPS, in the NR27 postcode district. The below map shows the position of No. 115 on BROADGATE CLOSE.