2, BAXTER CLOSE, LONG STRATTON, NORWICH, NR15 2RY - £148,000

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.

2 BAXTER CLOSE is a very small detached house of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £233,921. It was last sold for £148,000 in June 2014, which was around 45% below the average June 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was B.

2 BAXTER CLOSE Sold Prices

Land registry data shows four sales for 2 BAXTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 2 BAXTER 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 19 JUN	£148,000	£268,237	45% below HPI
2011 19 JAN	£120,000	£244,338	51% below HPI
2007 16 FEB	£150,000	£253,967	41% below HPI
1997 25 JUL	£51,000	£82,117	38% below HPI

2 BAXTER 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 four 2 BAXTER CLOSE sales between July 1997 and June 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 January 2011 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the June 2014 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 2 BAXTER CLOSE be worth now?

2 BAXTER CLOSE might now be worth an estimated £233,921.

This is based on house price inflation of 58.1%, between June 2014 and June 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 58.1% inflationary increase is applied to the most recent sale price for 2 BAXTER CLOSE of £148,000 on 19th June 2014. For the value to have increased from £148,000 to £233,921 over the eleven years to June 2025, the following assumptions must hold true:

• The value of 2 BAXTER CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2014 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BAXTER CLOSE has not materially changed since June 2014.

How Large is 2 BAXTER CLOSE?

2 BAXTER CLOSE is 63m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Stratton, and where 2 BAXTER CLOSE lies on this distribution: 5% of detached houses houses are smaller than 2 BAXTER CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

2 BAXTER CLOSE: Plot and Title Map

2 BAXTER CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 2 BAXTER 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 2 BAXTER 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 2 BAXTER CLOSE?

2 BAXTER CLOSE is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 2 on BAXTER CLOSE.