2, FOLGATE CLOSE, COSTESSEY, NORWICH, NR8 5DN - £415,000

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 FOLGATE CLOSE is a large extended detached house of 145m², built sometime between 1967 and 1975, which could now be worth an estimated £421,014. It was last sold for £415,000 in February 2025, which was around 2% below the average February 2025 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

2 FOLGATE CLOSE Sold Prices

Land registry data shows four sales for 2 FOLGATE 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. Two of the four 2 FOLGATE CLOSE sales were for below the average price, whilst one was 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
2025 17 FEB	£415,000	£424,544	2% below HPI
2014 17 NOV	£285,000	£285,206	Close to HPI
1999 14 DEC	£52,000	£104,920	50% below HPI
1998 2 NOV	£104,000	£92,083	13% above HPI

2 FOLGATE 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 FOLGATE CLOSE sales between November 1998 and February 2025 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 November 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2025 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 FOLGATE CLOSE be worth now?

2 FOLGATE CLOSE might now be worth an estimated £421,014.

This is based on house price inflation of 1.4%, between February 2025 and April 2026, 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 1.4% inflationary increase is applied to the most recent sale price for 2 FOLGATE CLOSE of £415,000 on 17th February 2025. For the value to have increased from £415,000 to £421,014 over the ten months to April 2026, the following assumptions must hold true:

• The value of 2 FOLGATE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The February 2025 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FOLGATE CLOSE has not materially changed since February 2025.

How Large is 2 FOLGATE CLOSE?

2 FOLGATE CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 40% of detached houses houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costessey, and where 2 FOLGATE CLOSE lies on this distribution: 61% of detached houses houses are smaller than 2 FOLGATE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Costessey.

2 FOLGATE CLOSE: Plot and Title Map

2 FOLGATE CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 2 FOLGATE 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 FOLGATE 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 FOLGATE CLOSE?

2 FOLGATE CLOSE is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 2 on FOLGATE CLOSE.