12, OWENS CLOSE, LONG STRATTON, NORWICH, NR15 2TX - £215,000

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.

12 OWENS CLOSE is a very small detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £223,842. It was last sold for £215,000 in October 2024, which was around 48% below the average October 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

12 OWENS CLOSE Sold Prices

Land registry data shows three sales for 12 OWENS 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 South Norfolk local authority area for the corresponding sale date. All of the three 12 OWENS 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
2024 18 OCT	£215,000	£415,273	48% below HPI
2022 18 MAR	£225,000	£408,052	45% below HPI
1998 20 JAN	£43,000	£86,525	50% below HPI

12 OWENS 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 three 12 OWENS CLOSE sales between January 1998 and October 2024 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 March 2022 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2024 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 12 OWENS CLOSE be worth now?

12 OWENS CLOSE might now be worth an estimated £223,842.

This is based on house price inflation of 4.1%, between October 2024 and May 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 4.1% inflationary increase is applied to the most recent sale price for 12 OWENS CLOSE of £215,000 on 18th October 2024. For the value to have increased from £215,000 to £223,842 over the two years and five months to May 2026, the following assumptions must hold true:

• The value of 12 OWENS CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2024 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OWENS CLOSE has not materially changed since October 2024.

How Large is 12 OWENS CLOSE?

12 OWENS CLOSE is 83m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Stratton, and where 12 OWENS CLOSE lies on this distribution: 20% of detached houses houses are smaller than 12 OWENS CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

12 OWENS CLOSE: Plot and Title Map

12 OWENS CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 12 OWENS 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 OWENS 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 OWENS CLOSE?

12 OWENS CLOSE is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 12 on OWENS CLOSE.