130, BROADGATE CLOSE, NORTHREPPS, CROMER, NR27 0LR - £180,000

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.

130 BROADGATE CLOSE is a very small terraced house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £192,042. It was last sold for £180,000 in May 2021, which was around 16% below the average May 2021 terraced price in the North Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was B.

130 BROADGATE CLOSE Sold Prices

Land registry data shows four sales for 130 BROADGATE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. All of the four 130 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
2021 28 MAY	£180,000	£213,199	16% below HPI
2017 24 MAR	£152,000	£177,488	14% below HPI
2013 30 AUG	£118,000	£143,965	18% below HPI
1997 21 MAY	£37,500	£38,976	4% below HPI

130 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 four 130 BROADGATE CLOSE sales between May 1997 and May 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 March 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 130 BROADGATE CLOSE be worth now?

130 BROADGATE CLOSE might now be worth an estimated £192,042.

This is based on house price inflation of 6.7%, between May 2021 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 6.7% inflationary increase is applied to the most recent sale price for 130 BROADGATE CLOSE of £180,000 on 28th May 2021. For the value to have increased from £180,000 to £192,042 over the five years to May 2026, the following assumptions must hold true:

• The value of 130 BROADGATE CLOSE has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The May 2021 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 130 BROADGATE CLOSE has not materially changed since May 2021.

How Large is 130 BROADGATE CLOSE?

130 BROADGATE CLOSE is 56m² according to the EPC inspection conducted in December 2018. 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 130 BROADGATE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 130 BROADGATE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Northrepps.

130 BROADGATE CLOSE: Plot and Title Map

130 BROADGATE CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 130 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 130 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 130 BROADGATE CLOSE?

130 BROADGATE CLOSE is located in NORTHREPPS, in the NR27 postcode district. The below map shows the position of No. 130 on BROADGATE CLOSE.