3, NORMANDY CLOSE, NORTHWOLD, THETFORD, IP26 5NN - £205,000

3 NORMANDY CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £205,000 in May 2016, which was around 19% below the average May 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

3 NORMANDY CLOSE Sold Prices

Land registry data shows five sales for 3 NORMANDY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the five 3 NORMANDY 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
2016 25 MAY	£205,000	£252,970	19% below HPI
2008 25 JAN	£195,000	£220,135	11% below HPI
2003 13 JUN	£126,250	£158,694	20% below HPI
1999 4 AUG	£68,000	£82,776	18% below HPI
1996 12 DEC	£59,995	£62,351	4% below HPI

3 NORMANDY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The five 3 NORMANDY CLOSE sales between December 1996 and May 2016 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 January 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 NORMANDY CLOSE?

3 NORMANDY CLOSE is 81m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Northwold, based on EPC data. The below chart shows the distribution of detached houses by size in Northwold, and where 3 NORMANDY CLOSE lies on this distribution: 10% of detached houses are smaller than 3 NORMANDY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Northwold.

3 NORMANDY CLOSE: Plot and Title Map

3 NORMANDY CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 3 NORMANDY 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 NORMANDY 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 NORMANDY CLOSE?

3 NORMANDY CLOSE is located in NORTHWOLD, in the IP26 postcode district. The below map shows the position of No. 3 on NORMANDY CLOSE.