3, GEOFFREY BUCKINGHAM CLOSE, HINGHAM, NORWICH, NR9 4JP - £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.

3 GEOFFREY BUCKINGHAM CLOSE is a small extended terraced house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £240,588. It was last sold for £235,000 in August 2023, which was around 4% above the average August 2023 terraced price in the South Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was D.

3 GEOFFREY BUCKINGHAM CLOSE Sold Prices

Land registry data shows three sales for 3 GEOFFREY BUCKINGHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. All of the three 3 GEOFFREY BUCKINGHAM 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
2023 11 AUG	£235,000	£225,702	4% above HPI
2007 9 JUL	£182,500	£145,138	26% above HPI
2004 16 AUG	£187,500	£117,083	60% above HPI

3 GEOFFREY BUCKINGHAM 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 three 3 GEOFFREY BUCKINGHAM CLOSE sales between August 2004 and August 2023 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 July 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 GEOFFREY BUCKINGHAM CLOSE be worth now?

3 GEOFFREY BUCKINGHAM CLOSE might now be worth an estimated £240,588.

This is based on house price inflation of 2.4%, between August 2023 and May 2026, 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 2.4% inflationary increase is applied to the most recent sale price for 3 GEOFFREY BUCKINGHAM CLOSE of £235,000 on 11th August 2023. For the value to have increased from £235,000 to £240,588 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 3 GEOFFREY BUCKINGHAM CLOSE has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The August 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GEOFFREY BUCKINGHAM CLOSE has not materially changed since August 2023.

How Large is 3 GEOFFREY BUCKINGHAM CLOSE?

3 GEOFFREY BUCKINGHAM CLOSE is 78m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of terraced houses houses in Hingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hingham, and where 3 GEOFFREY BUCKINGHAM CLOSE lies on this distribution: 20% of terraced houses houses are smaller than 3 GEOFFREY BUCKINGHAM CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Hingham.

3 GEOFFREY BUCKINGHAM CLOSE: Plot and Title Map

3 GEOFFREY BUCKINGHAM CLOSE sits on a plot of roughly 0.015 of an acre, or 59m². The below map shows the location of 3 GEOFFREY BUCKINGHAM 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 3 GEOFFREY BUCKINGHAM 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 3 GEOFFREY BUCKINGHAM CLOSE?

3 GEOFFREY BUCKINGHAM CLOSE is located in HINGHAM, in the NR9 postcode district. The below map shows the position of No. 3 on GEOFFREY BUCKINGHAM CLOSE.