4, SOMME CLOSE, WYMONDHAM, NR18 0YW - £402,000

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 SOMME CLOSE is a small detached house of 95m², which could now be worth an estimated £443,737. It was last sold for £402,000 in September 2021, which was around 5% above the average September 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

4 SOMME CLOSE Sold Prices

Land registry data shows four sales for 4 SOMME 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. two of the four 4 SOMME CLOSE sales were for above the average price, and four 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 24 SEP	£402,000	£384,085	5% above HPI
2020 21 AUG	£325,000	£363,467	11% below HPI
2019 30 AUG	£350,000	£341,663	2% above HPI
2017 3 NOV	£316,995	£339,801	7% below HPI

4 SOMME 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 SOMME CLOSE sales between November 2017 and September 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 August 2020 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 SOMME CLOSE be worth now?

4 SOMME CLOSE might now be worth an estimated £443,737.

This is based on house price inflation of 10.4%, between September 2021 and June 2025, 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 10.4% inflationary increase is applied to the most recent sale price for 4 SOMME CLOSE of £402,000 on 24th September 2021. For the value to have increased from £402,000 to £443,737 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 4 SOMME CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2021 sale price of £402,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SOMME CLOSE has not materially changed since September 2021.

How Large is 4 SOMME CLOSE?

4 SOMME CLOSE is 95m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 4 SOMME CLOSE lies on this distribution: 37% of detached houses houses are smaller than 4 SOMME CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

4 SOMME CLOSE: Plot and Title Map

4 SOMME CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 4 SOMME 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 SOMME 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 SOMME CLOSE?

4 SOMME CLOSE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 4 on SOMME CLOSE.