4, PAINE CLOSE, DISS, IP22 4YN - £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 PAINE CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £278,963. It was last sold for £243,000 in April 2021, which was around 35% below the average April 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

4 PAINE CLOSE Sold Prices

Land registry data shows four sales for 4 PAINE 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 4 PAINE 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
2021 29 APR	£243,000	£376,614	35% below HPI
2005 2 DEC	£171,000	£234,113	27% below HPI
2003 12 NOV	£165,000	£204,214	19% below HPI
2002 14 JUN	£110,000	£158,295	31% below HPI

4 PAINE 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 4 PAINE CLOSE sales between June 2002 and April 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 December 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 4 PAINE CLOSE be worth now?

4 PAINE CLOSE might now be worth an estimated £278,963.

This is based on house price inflation of 14.8%, between April 2021 and May 2026, 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 14.8% inflationary increase is applied to the most recent sale price for 4 PAINE CLOSE of £243,000 on 29th April 2021. For the value to have increased from £243,000 to £278,963 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 4 PAINE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2021 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PAINE CLOSE has not materially changed since April 2021.

How Large is 4 PAINE CLOSE?

4 PAINE CLOSE is 71m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses houses in Diss, based on EPC data. The below chart shows the distribution of detached houses houses by size in Diss, and where 4 PAINE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 4 PAINE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Diss.

4 PAINE CLOSE: Plot and Title Map

4 PAINE CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 4 PAINE 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 PAINE 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 PAINE CLOSE?

4 PAINE CLOSE is located in DISS, in the IP22 postcode district. The below map shows the position of No. 4 on PAINE CLOSE.