3, GRAY CLOSE, BRUNDALL, NORWICH, NR13 5SG - £108,000

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 GRAY CLOSE is a very small terraced house of 70m², which could now be worth an estimated £125,967. It was last sold for £108,000 in January 2020, which was around 42% below the average January 2020 terraced price in the Broadland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

3 GRAY CLOSE Sold Prices

Land registry data shows two sales for 3 GRAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Broadland local authority area for the corresponding sale date. Both of the two 3 GRAY 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 31 JAN	£108,000	£185,826	42% below HPI
2016 3 JUN	£97,200	£169,534	43% below HPI

3 GRAY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The two 3 GRAY CLOSE sales from June 2016 and January 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2020 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 3 GRAY CLOSE be worth now?

3 GRAY CLOSE might now be worth an estimated £125,967.

This is based on house price inflation of 16.6%, between January 2020 and June 2025, for terraced houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 3 GRAY CLOSE of £108,000 on 31st January 2020. For the value to have increased from £108,000 to £125,967 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 3 GRAY CLOSE has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The January 2020 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GRAY CLOSE has not materially changed since January 2020.

How Large is 3 GRAY CLOSE?

3 GRAY CLOSE is 70m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of terraced houses houses in Brundall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Brundall, and where 3 GRAY CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 3 GRAY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Brundall.

3 GRAY CLOSE: Plot and Title Map

3 GRAY CLOSE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 3 GRAY 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 GRAY 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 GRAY CLOSE?

3 GRAY CLOSE is located in BRUNDALL, in the NR13 postcode district. The below map shows the position of No. 3 on GRAY CLOSE.