16, ELMS CLOSE, EARSHAM, BUNGAY, NR35 2TD - £180,000

16 ELMS CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £180,000 in April 2020, which was around 49% below the average April 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

16 ELMS CLOSE Sold Prices

Land registry data shows two sales for 16 ELMS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 16 ELMS 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 30 APR	£180,000	£350,239	49% below HPI
1998 14 JAN	£46,000	£83,896	45% below HPI

16 ELMS 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 two 16 ELMS CLOSE sales from January 1998 and April 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 January 1998 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 16 ELMS CLOSE?

16 ELMS CLOSE is 65m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in Earsham, based on EPC data. The below chart shows the distribution of detached houses by size in Earsham, and where 16 ELMS CLOSE lies on this distribution: 9% of detached houses are smaller than 16 ELMS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Earsham.

16 ELMS CLOSE: Plot and Title Map

16 ELMS CLOSE sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of 16 ELMS 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 16 ELMS 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 16 ELMS CLOSE?

16 ELMS CLOSE is located in EARSHAM, in the NR35 postcode district. The below map shows the position of No. 16 on ELMS CLOSE.