14, OLD MARKET CLOSE, ACLE, NORWICH, NR13 3EY - £248,500

14 OLD MARKET CLOSE is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £248,500 in February 2020, which was around 28% below the average February 2020 detached price in the Broadland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

14 OLD MARKET CLOSE Sold Prices

Land registry data shows six sales for 14 OLD MARKET CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the six 14 OLD MARKET 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
2020 7 FEB	£248,500	£344,069	28% below HPI
2016 3 JUN	£250,000	£307,659	19% below HPI
2006 15 MAY	£182,000	£226,319	20% below HPI
2004 29 JUL	£85,000	£206,097	59% below HPI
1998 25 NOV	£70,000	£85,178	18% below HPI
1997 11 JUL	£63,000	£78,911	20% below HPI

14 OLD MARKET 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 six 14 OLD MARKET CLOSE sales between July 1997 and February 2020 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 June 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 14 OLD MARKET CLOSE?

14 OLD MARKET CLOSE is 84m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Acle, based on EPC data. The below chart shows the distribution of detached houses by size in Acle, and where 14 OLD MARKET CLOSE lies on this distribution: 31% of detached houses are smaller than 14 OLD MARKET CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Acle.

14 OLD MARKET CLOSE: Plot and Title Map

14 OLD MARKET CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 14 OLD MARKET 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 14 OLD MARKET 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 14 OLD MARKET CLOSE?

14 OLD MARKET CLOSE is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 14 on OLD MARKET CLOSE.