3, GUNNS CLOSE, BLOFIELD, NORWICH, NR13 4FL - £525,000

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 GUNNS CLOSE is a large detached house of 157m², built sometime from 2012 onwards, which could now be worth an estimated £513,205. It was last sold for £525,000 in September 2022, which was around 22% above the average September 2022 detached price in the Broadland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

3 GUNNS CLOSE Sold Prices

Land registry data shows two sales for 3 GUNNS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 3 GUNNS 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
2022 23 SEP	£525,000	£430,738	22% above HPI
2018 22 JUN	£370,000	£335,764	10% above HPI

3 GUNNS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 3 GUNNS CLOSE sales from June 2018 and September 2022 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 2018 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 3 GUNNS CLOSE be worth now?

3 GUNNS CLOSE might now be worth an estimated £513,205.

This is based on house price deflation of 2.2%, between September 2022 and April 2026, for detached 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 2.2% deflationary decrease is applied to the most recent sale price for 3 GUNNS CLOSE of £525,000 on 23rd September 2022. For the value to have decreased from £525,000 to £513,205 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 3 GUNNS CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GUNNS CLOSE has not materially changed since September 2022.

How Large is 3 GUNNS CLOSE?

3 GUNNS CLOSE is 157m² according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses houses in Blofield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blofield, and where 3 GUNNS CLOSE lies on this distribution: 72% of detached houses houses are smaller than 3 GUNNS CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Blofield.

3 GUNNS CLOSE: Plot and Title Map

3 GUNNS CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 3 GUNNS 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 GUNNS 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 GUNNS CLOSE?

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