40, BILLING CLOSE, NORWICH, NR6 7EL - £182,000

40 BILLING CLOSE is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £182,000 in May 2014, which was around 28% below the average May 2014 detached price in the Broadland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

40 BILLING CLOSE Sold Prices

Land registry data shows two sales for 40 BILLING 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 Broadland local authority area for the corresponding sale date. Both of the two 40 BILLING 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 16 MAY	£182,000	£251,322	28% below HPI
1996 27 SEP	£55,500	£73,511	25% below HPI

40 BILLING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 40 BILLING CLOSE sales from September 1996 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 September 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 40 BILLING CLOSE?

40 BILLING CLOSE is 90m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 40 BILLING CLOSE lies on this distribution: 30% of detached houses are smaller than 40 BILLING CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Norwich.

40 BILLING CLOSE: Plot and Title Map

40 BILLING CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 40 BILLING 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 40 BILLING 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 40 BILLING CLOSE?

40 BILLING CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 40 on BILLING CLOSE.