46, BROOM CLOSE, TAVERHAM, NORWICH, NR8 6FS - £242,000

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.

46 BROOM CLOSE is a midsized extended detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £348,785. It was last sold for £242,000 in September 2015, which was around 18% below the average September 2015 detached price in the Broadland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

46 BROOM CLOSE Sold Prices

Land registry data shows two sales for 46 BROOM 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 46 BROOM 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
2015 4 SEP	£242,000	£294,071	18% below HPI
1998 22 APR	£79,950	£82,452	3% below HPI

46 BROOM 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 46 BROOM CLOSE sales from April 1998 and September 2015 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 1998 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 46 BROOM CLOSE be worth now?

46 BROOM CLOSE might now be worth an estimated £348,785.

This is based on house price inflation of 44.1%, between September 2015 and May 2026, for detached 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 44.1% inflationary increase is applied to the most recent sale price for 46 BROOM CLOSE of £242,000 on 4th September 2015. For the value to have increased from £242,000 to £348,785 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 46 BROOM CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2015 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 46 BROOM CLOSE has not materially changed since September 2015.

How Large is 46 BROOM CLOSE?

46 BROOM CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 46 BROOM CLOSE lies on this distribution: 55% of detached houses houses are smaller than 46 BROOM CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Taverham.

46 BROOM CLOSE: Plot and Title Map

46 BROOM CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 46 BROOM 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 46 BROOM 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 46 BROOM CLOSE?

46 BROOM CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 46 on BROOM CLOSE.