1A, FALKLAND CLOSE, NORWICH, NR6 5QZ - £134,000

1A FALKLAND CLOSE is a very small detached house of 46m², built sometime between 1983 and 1990. It was last sold for £134,000 in February 2014, which was around 47% below the average February 2014 detached price in the Broadland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

1A FALKLAND CLOSE Sold Prices

Land registry data shows two sales for 1A FALKLAND 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 Broadland local authority area for the corresponding sale date. Both of the two 1A FALKLAND 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
2014 6 FEB	£134,000	£252,023	47% below HPI
2013 16 JUL	£110,000	£247,702	56% below HPI

1A FALKLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 1A FALKLAND CLOSE sales from July 2013 and February 2014 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 July 2013 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2014 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 1A FALKLAND CLOSE?

1A FALKLAND CLOSE is 46m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1A FALKLAND CLOSE lies on this distribution: 1% of detached houses are smaller than 1A FALKLAND CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1A FALKLAND CLOSE: Plot and Title Map

1A FALKLAND CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 1A FALKLAND 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 1A FALKLAND 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 1A FALKLAND CLOSE?

1A FALKLAND CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 1A on FALKLAND CLOSE.