16, MALTEN CLOSE, PORINGLAND, NORWICH, NR14 7RW - £325,000

16 MALTEN CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £325,000 in November 2023, which was around 28% below the average November 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

16 MALTEN CLOSE Sold Prices

Land registry data shows two sales for 16 MALTEN 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 MALTEN 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
2023 9 NOV	£325,000	£451,656	28% below HPI
2022 9 SEP	£292,000	£450,078	35% below HPI

16 MALTEN 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 MALTEN CLOSE sales from September 2022 and November 2023 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 September 2022 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 16 MALTEN CLOSE?

16 MALTEN CLOSE is 74m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 16 MALTEN CLOSE lies on this distribution: 10% of detached houses are smaller than 16 MALTEN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Poringland.

16 MALTEN CLOSE: Plot and Title Map

16 MALTEN CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 16 MALTEN 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 MALTEN 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 MALTEN CLOSE?

16 MALTEN CLOSE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 16 on MALTEN CLOSE.