15, ROBERT NORGATE CLOSE, HORSTEAD, NORWICH, NR12 7BT - £275,000

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.

15 ROBERT NORGATE CLOSE is a very small terraced house of 72m², built sometime between 2007 and 2011, which could now be worth an estimated £268,472. It was last sold for £275,000 in June 2022, which was around 24% above the average June 2022 terraced price in the Broadland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

15 ROBERT NORGATE CLOSE Sold Prices

Land registry data shows three sales for 15 ROBERT NORGATE 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 Broadland local authority area for the corresponding sale date. All of the three 15 ROBERT NORGATE CLOSE sales were for above 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
2022 9 JUN	£275,000	£222,010	24% above HPI
2018 28 AUG	£211,000	£180,529	17% above HPI
2009 24 JUL	£140,000	£123,563	13% above HPI

15 ROBERT NORGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The three 15 ROBERT NORGATE CLOSE sales between July 2009 and June 2022 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 August 2018 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 15 ROBERT NORGATE CLOSE be worth now?

15 ROBERT NORGATE CLOSE might now be worth an estimated £268,472.

This is based on house price deflation of 2.4%, between June 2022 and June 2025, for terraced houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% deflationary decrease is applied to the most recent sale price for 15 ROBERT NORGATE CLOSE of £275,000 on 9th June 2022. For the value to have decreased from £275,000 to £268,472 over the three years to June 2025, the following assumptions must hold true:

• The value of 15 ROBERT NORGATE CLOSE has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The June 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ROBERT NORGATE CLOSE has not materially changed since June 2022.

How Large is 15 ROBERT NORGATE CLOSE?

15 ROBERT NORGATE CLOSE is 72m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of terraced houses houses in Horstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horstead, and where 15 ROBERT NORGATE CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 15 ROBERT NORGATE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Horstead.

15 ROBERT NORGATE CLOSE: Plot and Title Map

15 ROBERT NORGATE CLOSE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 15 ROBERT NORGATE 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 15 ROBERT NORGATE 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 15 ROBERT NORGATE CLOSE?

15 ROBERT NORGATE CLOSE is located in HORSTEAD, in the NR12 postcode district. The below map shows the position of No. 15 on ROBERT NORGATE CLOSE.