2, LEOPOLD CLOSE, NORWICH, NR4 7PR - £325,000

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 LEOPOLD CLOSE is a small semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £484,887. It was last sold for £325,000 in October 2015, which was around 59% above the average October 2015 semi-detached price in the Norwich local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

2 LEOPOLD CLOSE Sold Prices

Land registry data shows two sales for 2 LEOPOLD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Norwich local authority area for the corresponding sale date. Both of the two 2 LEOPOLD 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 16 OCT	£325,000	£204,502	59% above HPI
2014 2 MAY	£247,500	£183,522	35% above HPI

2 LEOPOLD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Norwich local authority area over time, sourced from the HPI. The two 2 LEOPOLD CLOSE sales from May 2014 and October 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 May 2014 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2015 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 2 LEOPOLD CLOSE be worth now?

2 LEOPOLD CLOSE might now be worth an estimated £484,887.

This is based on house price inflation of 49.2%, between October 2015 and May 2026, for semi-detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.2% inflationary increase is applied to the most recent sale price for 2 LEOPOLD CLOSE of £325,000 on 16th October 2015. For the value to have increased from £325,000 to £484,887 over the eleven years and five months to May 2026, the following assumptions must hold true:

• The value of 2 LEOPOLD CLOSE has moved in line with the HPI for semi-detached houses in the Norwich local authority area.
• The October 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEOPOLD CLOSE has not materially changed since October 2015.

How Large is 2 LEOPOLD CLOSE?

2 LEOPOLD CLOSE is 86m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 2 LEOPOLD CLOSE lies on this distribution: 24% of semi-detached houses houses are smaller than 2 LEOPOLD CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 LEOPOLD CLOSE: Plot and Title Map

2 LEOPOLD CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 2 LEOPOLD 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 LEOPOLD 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 LEOPOLD CLOSE?

2 LEOPOLD CLOSE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 2 on LEOPOLD CLOSE.