3, WALCOT CLOSE, NORWICH, NR5 9AJ - £248,000

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 WALCOT CLOSE is a small semi-detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £268,167. It was last sold for £248,000 in December 2021, which was around 9% below the average December 2021 semi-detached price in the Norwich local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

3 WALCOT CLOSE Sold Prices

Land registry data shows three sales for 3 WALCOT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Norwich local authority area for the corresponding sale date. Two of the three 3 WALCOT CLOSE sales were for below the average price, whilst one was 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
2021 16 DEC	£248,000	£272,534	9% below HPI
2003 28 FEB	£119,000	£117,587	1% above HPI
2001 12 JUL	£77,950	£81,363	4% below HPI

3 WALCOT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Norwich local authority area over time, sourced from the HPI. The three 3 WALCOT CLOSE sales between July 2001 and December 2021 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 February 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 WALCOT CLOSE be worth now?

3 WALCOT CLOSE might now be worth an estimated £268,167.

This is based on house price inflation of 8.1%, between December 2021 and April 2026, for semi-detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.1% inflationary increase is applied to the most recent sale price for 3 WALCOT CLOSE of £248,000 on 16th December 2021. For the value to have increased from £248,000 to £268,167 over the five years and eight months to April 2026, the following assumptions must hold true:

• The value of 3 WALCOT CLOSE has moved in line with the HPI for semi-detached houses in the Norwich local authority area.
• The December 2021 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WALCOT CLOSE has not materially changed since December 2021.

How Large is 3 WALCOT CLOSE?

3 WALCOT CLOSE is 96m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 3 WALCOT CLOSE lies on this distribution: 37% of semi-detached houses houses are smaller than 3 WALCOT CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 WALCOT CLOSE: Plot and Title Map

3 WALCOT CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 WALCOT 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 WALCOT 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 WALCOT CLOSE?

3 WALCOT CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 3 on WALCOT CLOSE.