32, TIMOTHY CLOSE, NORWICH, NR1 4NG - £145,000

32 TIMOTHY CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £145,000 in May 2014, which was around 50% below the average May 2014 detached price in the Norwich local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

32 TIMOTHY CLOSE Sold Prices

Land registry data shows two sales for 32 TIMOTHY 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 Norwich local authority area for the corresponding sale date. Both of the two 32 TIMOTHY 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
2014 30 MAY	£145,000	£291,256	50% below HPI
2007 29 NOV	£170,000	£291,736	42% below HPI

32 TIMOTHY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 32 TIMOTHY CLOSE sales from November 2007 and May 2014 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 November 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2014 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 32 TIMOTHY CLOSE?

32 TIMOTHY CLOSE is 78m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 32 TIMOTHY CLOSE lies on this distribution: 16% of detached houses are smaller than 32 TIMOTHY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Norwich.

32 TIMOTHY CLOSE: Plot and Title Map

32 TIMOTHY CLOSE sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 32 TIMOTHY 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 32 TIMOTHY 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 32 TIMOTHY CLOSE?

32 TIMOTHY CLOSE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 32 on TIMOTHY CLOSE.