171, NURSERY CLOSE, NORWICH, NR6 5SH - £236,000

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.

171 NURSERY CLOSE is a small extended terraced house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £284,422. It was last sold for £236,000 in July 2019, which was around 27% above the average July 2019 terraced price in the Broadland local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

171 NURSERY CLOSE Sold Prices

Land registry data shows four sales for 171 NURSERY 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 Broadland local authority area for the corresponding sale date. Most of the four 171 NURSERY 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
2019 26 JUL	£236,000	£186,412	27% above HPI
2012 21 DEC	£128,000	£134,647	5% below HPI
2007 17 JAN	£167,000	£140,873	19% above HPI
1996 5 JUL	£47,950	£37,515	28% above HPI

171 NURSERY 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 four 171 NURSERY CLOSE sales between July 1996 and July 2019 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 December 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2019 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 171 NURSERY CLOSE be worth now?

171 NURSERY CLOSE might now be worth an estimated £284,422.

This is based on house price inflation of 20.5%, between July 2019 and July 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 20.5% inflationary increase is applied to the most recent sale price for 171 NURSERY CLOSE of £236,000 on 26th July 2019. For the value to have increased from £236,000 to £284,422 over the six years to July 2025, the following assumptions must hold true:

• The value of 171 NURSERY CLOSE has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The July 2019 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 171 NURSERY CLOSE has not materially changed since July 2019.

How Large is 171 NURSERY CLOSE?

171 NURSERY CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of terraced houses houses in Norwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Norwich, and where 171 NURSERY CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 171 NURSERY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Norwich.

171 NURSERY CLOSE: Plot and Title Map

171 NURSERY CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 171 NURSERY 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 171 NURSERY 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 171 NURSERY CLOSE?

171 NURSERY CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 171 on NURSERY CLOSE.