40, SPINNEY CLOSE, LONG STRATTON, NORWICH, NR15 2SX - £112,500

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.

40 SPINNEY CLOSE is a large extended detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £326,350. It was last sold for £112,500 in December 2001, which was around 23% below the average December 2001 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

40 SPINNEY CLOSE Sold Prices

Land registry data shows two sales for 40 SPINNEY 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 South Norfolk local authority area for the corresponding sale date. Both of the two 40 SPINNEY 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
2001 6 DEC	£112,500	£146,149	23% below HPI
1999 23 APR	£68,000	£90,267	25% below HPI

40 SPINNEY 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 two 40 SPINNEY CLOSE sales from April 1999 and December 2001 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 April 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2001 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 40 SPINNEY CLOSE be worth now?

40 SPINNEY CLOSE might now be worth an estimated £326,350.

This is based on house price inflation of 190.1%, between December 2001 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 190.1% inflationary increase is applied to the most recent sale price for 40 SPINNEY CLOSE of £112,500 on 6th December 2001. For the value to have increased from £112,500 to £326,350 over the 24 years and six months to June 2025, the following assumptions must hold true:

• The value of 40 SPINNEY CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2001 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 40 SPINNEY CLOSE has not materially changed since December 2001.

How Large is 40 SPINNEY CLOSE?

40 SPINNEY CLOSE is 123m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of detached houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Stratton, and where 40 SPINNEY CLOSE lies on this distribution: 63% of detached houses houses are smaller than 40 SPINNEY CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

40 SPINNEY CLOSE: Plot and Title Map

40 SPINNEY CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 40 SPINNEY 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 SPINNEY 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 SPINNEY CLOSE?

40 SPINNEY CLOSE is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 40 on SPINNEY CLOSE.