12, OTTER CLOSE, SALHOUSE, NORWICH, NR13 6SF - £265,500

12 OTTER CLOSE is a very small extended semi-detached house of 64m², built sometime between 1976 and 1982. It was last sold for £265,500 in January 2021, which was around 26% below the average January 2021 detached price in the Broadland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

12 OTTER CLOSE Sold Prices

Land registry data shows three sales for 12 OTTER 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 Broadland local authority area for the corresponding sale date. All of the three 12 OTTER 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 14 JAN	£265,500	£359,037	26% below HPI
2014 24 APR	£160,000	£253,357	37% below HPI
1999 28 APR	£55,500	£86,065	36% below HPI

12 OTTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 12 OTTER CLOSE sales between April 1999 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 April 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 OTTER CLOSE?

12 OTTER CLOSE is 64m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Salhouse, based on EPC data. The below chart shows the distribution of detached houses by size in Salhouse, and where 12 OTTER CLOSE lies on this distribution: 4% of detached houses are smaller than 12 OTTER CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Salhouse.

12 OTTER CLOSE: Plot and Title Map

12 OTTER CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 12 OTTER 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 12 OTTER 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 12 OTTER CLOSE?

12 OTTER CLOSE is located in SALHOUSE, in the NR13 postcode district. The below map shows the position of No. 12 on OTTER CLOSE.