2, DE GREY CLOSE, NEW COSTESSEY, NORWICH, NR5 0AL - £262,500

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 DE GREY CLOSE is a small detached house of 95m², which could now be worth an estimated £336,544. It was last sold for £262,500 in April 2018, which was around 23% below the average April 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was B, and the potential energy rating was B.

2 DE GREY CLOSE Sold Prices

Land registry data shows two sales for 2 DE GREY 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 2 DE GREY 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
2018 12 APR	£262,500	£339,829	23% below HPI
2013 1 MAR	£209,000	£248,229	16% below HPI

2 DE GREY 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 2 DE GREY CLOSE sales from March 2013 and April 2018 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 March 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 DE GREY CLOSE be worth now?

2 DE GREY CLOSE might now be worth an estimated £336,544.

This is based on house price inflation of 28.2%, between April 2018 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 28.2% inflationary increase is applied to the most recent sale price for 2 DE GREY CLOSE of £262,500 on 12th April 2018. For the value to have increased from £262,500 to £336,544 over the six years and six months to October 2025, the following assumptions must hold true:

• The value of 2 DE GREY CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2018 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 2 DE GREY CLOSE has not materially changed since April 2018.

How Large is 2 DE GREY CLOSE?

2 DE GREY CLOSE is 95m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% 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 2 DE GREY CLOSE lies on this distribution: 35% of detached houses houses are smaller than 2 DE GREY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 DE GREY CLOSE: Plot and Title Map

2 DE GREY CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 2 DE GREY 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 DE GREY 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 DE GREY CLOSE?

2 DE GREY CLOSE is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 2 on DE GREY CLOSE.