22, SPINNEY CLOSE, LONG STRATTON, NORWICH, NR15 2SX - £160,000

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.

22 SPINNEY CLOSE is a very small extended terraced house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £188,612. It was last sold for £160,000 in August 2020, which was around 17% below the average August 2020 terraced 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.

22 SPINNEY CLOSE Sold Prices

Land registry data shows five sales for 22 SPINNEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. Most of the five 22 SPINNEY 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
2020 7 AUG	£160,000	£192,308	17% below HPI
2014 13 JUN	£145,000	£146,249	1% below HPI
2003 27 NOV	£109,950	£102,528	7% above HPI
2001 5 OCT	£68,500	£71,630	4% below HPI
1999 28 MAY	£45,500	£46,564	2% below HPI

22 SPINNEY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Norfolk local authority area over time, sourced from the HPI. The five 22 SPINNEY CLOSE sales between May 1999 and August 2020 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 June 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 22 SPINNEY CLOSE be worth now?

22 SPINNEY CLOSE might now be worth an estimated £188,612.

This is based on house price inflation of 17.9%, between August 2020 and June 2025, for terraced 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 17.9% inflationary increase is applied to the most recent sale price for 22 SPINNEY CLOSE of £160,000 on 7th August 2020. For the value to have increased from £160,000 to £188,612 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 22 SPINNEY CLOSE has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The August 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SPINNEY CLOSE has not materially changed since August 2020.

How Large is 22 SPINNEY CLOSE?

22 SPINNEY CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of terraced houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Long Stratton, and where 22 SPINNEY CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 22 SPINNEY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

22 SPINNEY CLOSE: Plot and Title Map

22 SPINNEY CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 22 SPINNEY 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 22 SPINNEY 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 22 SPINNEY CLOSE?

22 SPINNEY CLOSE is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 22 on SPINNEY CLOSE.