3, NURSEY CLOSE, ELLINGHAM, BUNGAY, NR35 2HD - £167,500

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 NURSEY CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £201,755. It was last sold for £167,500 in January 2020, which was around 52% below the average January 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

3 NURSEY CLOSE Sold Prices

Land registry data shows four sales for 3 NURSEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 3 NURSEY 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	£167,500	£351,979	52% below HPI
2015 7 JAN	£160,000	£277,753	42% below HPI
2009 18 SEP	£145,000	£227,505	36% below HPI
2005 22 SEP	£145,000	£235,597	38% below HPI

3 NURSEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 3 NURSEY CLOSE sales between September 2005 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 January 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2020 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 3 NURSEY CLOSE be worth now?

3 NURSEY CLOSE might now be worth an estimated £201,755.

This is based on house price inflation of 20.5%, between January 2020 and June 2025, for detached 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 20.5% inflationary increase is applied to the most recent sale price for 3 NURSEY CLOSE of £167,500 on 31st January 2020. For the value to have increased from £167,500 to £201,755 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 3 NURSEY CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The January 2020 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 3 NURSEY CLOSE has not materially changed since January 2020.

How Large is 3 NURSEY CLOSE?

3 NURSEY CLOSE is 56m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses houses in Ellingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ellingham, and where 3 NURSEY CLOSE lies on this distribution: 2% of detached houses houses are smaller than 3 NURSEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ellingham.

3 NURSEY CLOSE: Plot and Title Map

3 NURSEY CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 3 NURSEY 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 NURSEY 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 NURSEY CLOSE?

3 NURSEY CLOSE is located in ELLINGHAM, in the NR35 postcode district. The below map shows the position of No. 3 on NURSEY CLOSE.