2, PEACOCK CLOSE, EASTON, NORWICH, NR9 5JD - £235,000

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 PEACOCK CLOSE is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £289,242. It was last sold for £235,000 in April 2019, which was around 33% below the average April 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

2 PEACOCK CLOSE Sold Prices

Land registry data shows three sales for 2 PEACOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 2 PEACOCK 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
2019 18 APR	£235,000	£351,272	33% below HPI
2014 17 APR	£214,500	£258,006	17% below HPI
2001 29 JUN	£117,995	£131,345	10% below HPI

2 PEACOCK 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 three 2 PEACOCK CLOSE sales between June 2001 and April 2019 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 April 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 PEACOCK CLOSE be worth now?

2 PEACOCK CLOSE might now be worth an estimated £289,242.

This is based on house price inflation of 23.1%, between April 2019 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 23.1% inflationary increase is applied to the most recent sale price for 2 PEACOCK CLOSE of £235,000 on 18th April 2019. For the value to have increased from £235,000 to £289,242 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 PEACOCK CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2019 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PEACOCK CLOSE has not materially changed since April 2019.

How Large is 2 PEACOCK CLOSE?

2 PEACOCK CLOSE is 93m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses houses in Easton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Easton, and where 2 PEACOCK CLOSE lies on this distribution: 32% of detached houses houses are smaller than 2 PEACOCK CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Easton.

2 PEACOCK CLOSE: Plot and Title Map

2 PEACOCK CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 2 PEACOCK 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 PEACOCK 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 PEACOCK CLOSE?

2 PEACOCK CLOSE is located in EASTON, in the NR9 postcode district. The below map shows the position of No. 2 on PEACOCK CLOSE.