2, KENNINGHAM CLOSE, MULBARTON, NORWICH, NR14 8WA - £360,000

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 KENNINGHAM CLOSE is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £515,730. It was last sold for £360,000 in November 2015, which was around 19% above the average November 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

2 KENNINGHAM CLOSE Sold Prices

Land registry data shows two sales for 2 KENNINGHAM 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 KENNINGHAM CLOSE sales were 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
2015 24 NOV	£360,000	£301,799	19% above HPI
1999 1 SEP	£122,714	£99,891	23% above HPI

2 KENNINGHAM 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 KENNINGHAM CLOSE sales from September 1999 and November 2015 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 September 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2015 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 KENNINGHAM CLOSE be worth now?

2 KENNINGHAM CLOSE might now be worth an estimated £515,730.

This is based on house price inflation of 43.3%, between November 2015 and May 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 43.3% inflationary increase is applied to the most recent sale price for 2 KENNINGHAM CLOSE of £360,000 on 24th November 2015. For the value to have increased from £360,000 to £515,730 over the eleven years and six months to May 2026, the following assumptions must hold true:

• The value of 2 KENNINGHAM CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2015 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 KENNINGHAM CLOSE has not materially changed since November 2015.

How Large is 2 KENNINGHAM CLOSE?

2 KENNINGHAM CLOSE is 116m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of detached houses houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mulbarton, and where 2 KENNINGHAM CLOSE lies on this distribution: 45% of detached houses houses are smaller than 2 KENNINGHAM CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

2 KENNINGHAM CLOSE: Plot and Title Map

2 KENNINGHAM CLOSE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 2 KENNINGHAM 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 KENNINGHAM 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 KENNINGHAM CLOSE?

2 KENNINGHAM CLOSE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 2 on KENNINGHAM CLOSE.