3, SCHOOL CLOSE, KENNINGHALL, NORWICH, NR16 2EL - £200,000

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 SCHOOL CLOSE is a very small semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £242,139. It was last sold for £200,000 in August 2020, which was around 1% below the average August 2020 semi-detached price in the Breckland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

3 SCHOOL CLOSE Sold Prices

Land registry data shows seven sales for 3 SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. The seven 3 SCHOOL CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2020 25 AUG	£200,000	£202,883	1% below HPI
2016 30 AUG	£185,000	£178,675	4% above HPI
2014 6 JUN	£148,000	£148,595	Close to HPI
2008 20 MAY	£142,000	£149,174	5% below HPI
2006 18 AUG	£136,000	£140,511	3% below HPI
2005 10 FEB	£126,950	£131,267	3% below HPI
1999 22 OCT	£54,000	£56,022	4% below HPI

3 SCHOOL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The seven 3 SCHOOL CLOSE sales between October 1999 and August 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 August 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 SCHOOL CLOSE be worth now?

3 SCHOOL CLOSE might now be worth an estimated £242,139.

This is based on house price inflation of 21.1%, between August 2020 and May 2026, for semi-detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.1% inflationary increase is applied to the most recent sale price for 3 SCHOOL CLOSE of £200,000 on 25th August 2020. For the value to have increased from £200,000 to £242,139 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 3 SCHOOL CLOSE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The August 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SCHOOL CLOSE has not materially changed since August 2020.

How Large is 3 SCHOOL CLOSE?

3 SCHOOL CLOSE is 59m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of semi-detached houses houses in Kenninghall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kenninghall, and where 3 SCHOOL CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 3 SCHOOL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Kenninghall.

3 SCHOOL CLOSE: Plot and Title Map

3 SCHOOL CLOSE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 3 SCHOOL 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 SCHOOL 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 SCHOOL CLOSE?

3 SCHOOL CLOSE is located in KENNINGHALL, in the NR16 postcode district. The below map shows the position of No. 3 on SCHOOL CLOSE.