18, GURNEY CLOSE, NORWICH, NR5 0HB - £310,000

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.

18 GURNEY CLOSE is a very small detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £319,044. It was last sold for £310,000 in August 2023, which was around 27% below the average August 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

18 GURNEY CLOSE Sold Prices

Land registry data shows three sales for 18 GURNEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 18 GURNEY 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 18 AUG	£310,000	£423,335	27% below HPI
2019 18 FEB	£237,500	£354,901	33% below HPI
2007 9 MAR	£166,500	£255,853	35% below HPI

18 GURNEY 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 three 18 GURNEY CLOSE sales between March 2007 and August 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 February 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 18 GURNEY CLOSE be worth now?

18 GURNEY CLOSE might now be worth an estimated £319,044.

This is based on house price inflation of 2.9%, between August 2023 and October 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% inflationary increase is applied to the most recent sale price for 18 GURNEY CLOSE of £310,000 on 18th August 2023. For the value to have increased from £310,000 to £319,044 over the one year and ten months to October 2025, the following assumptions must hold true:

• The value of 18 GURNEY CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2023 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GURNEY CLOSE has not materially changed since August 2023.

How Large is 18 GURNEY CLOSE?

18 GURNEY CLOSE is 67m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 18 GURNEY CLOSE lies on this distribution: 7% of detached houses houses are smaller than 18 GURNEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 GURNEY CLOSE: Plot and Title Map

18 GURNEY CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 18 GURNEY 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 18 GURNEY 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 18 GURNEY CLOSE?

18 GURNEY CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 18 on GURNEY CLOSE.