4, FIRETHORN CLOSE, TAVERHAM, NORWICH, NR8 6YL - £243,000

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.

4 FIRETHORN CLOSE is a very small terraced house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £240,062. It was last sold for £243,000 in August 2022, which was around 5% above the average August 2022 terraced price in the Broadland 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.

4 FIRETHORN CLOSE Sold Prices

Land registry data shows five sales for 4 FIRETHORN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Broadland local authority area for the corresponding sale date. The five 4 FIRETHORN CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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
2022 31 AUG	£243,000	£230,956	5% above HPI
2020 23 OCT	£188,000	£192,818	2% below HPI
2014 6 JUN	£150,000	£142,841	5% above HPI
2012 5 JUL	£135,000	£135,020	Close to HPI
2004 16 FEB	£116,000	£103,455	12% above HPI

4 FIRETHORN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The five 4 FIRETHORN CLOSE sales between February 2004 and August 2022 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 October 2020 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 FIRETHORN CLOSE be worth now?

4 FIRETHORN CLOSE might now be worth an estimated £240,062.

This is based on house price deflation of 1.2%, between August 2022 and March 2026, for terraced houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 4 FIRETHORN CLOSE of £243,000 on 31st August 2022. For the value to have decreased from £243,000 to £240,062 over the four years and five months to March 2026, the following assumptions must hold true:

• The value of 4 FIRETHORN CLOSE has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The August 2022 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FIRETHORN CLOSE has not materially changed since August 2022.

How Large is 4 FIRETHORN CLOSE?

4 FIRETHORN CLOSE is 56m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of terraced houses houses in Taverham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Taverham, and where 4 FIRETHORN CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 4 FIRETHORN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Taverham.

4 FIRETHORN CLOSE: Plot and Title Map

4 FIRETHORN CLOSE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 4 FIRETHORN 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 4 FIRETHORN 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 4 FIRETHORN CLOSE?

4 FIRETHORN CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 4 on FIRETHORN CLOSE.