46, VANE CLOSE, NORWICH, NR7 0US - £164,500

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.

46 VANE CLOSE is a very small terraced house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £214,187. It was last sold for £164,500 in October 2016, which was around 5% below the average October 2016 terraced price in the Broadland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

46 VANE CLOSE Sold Prices

Land registry data shows three sales for 46 VANE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Broadland local authority area for the corresponding sale date. One of the three 46 VANE CLOSE sales was for below the average price, whilst two were for above 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
2016 21 OCT	£164,500	£172,709	5% below HPI
2007 23 FEB	£144,995	£140,439	3% above HPI
2000 17 AUG	£63,500	£57,142	11% above HPI

46 VANE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The three 46 VANE CLOSE sales between August 2000 and October 2016 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 February 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 46 VANE CLOSE be worth now?

46 VANE CLOSE might now be worth an estimated £214,187.

This is based on house price inflation of 30.2%, between October 2016 and October 2025, for terraced 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 30.2% inflationary increase is applied to the most recent sale price for 46 VANE CLOSE of £164,500 on 21st October 2016. For the value to have increased from £164,500 to £214,187 over the nine years to October 2025, the following assumptions must hold true:

• The value of 46 VANE CLOSE has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The October 2016 sale price of £164,500 represented a fair market value for the property.
• The size, condition, and specification of 46 VANE CLOSE has not materially changed since October 2016.

How Large is 46 VANE CLOSE?

46 VANE CLOSE is 60m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of terraced houses houses in Norwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Norwich, and where 46 VANE CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 46 VANE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Norwich.

46 VANE CLOSE: Plot and Title Map

46 VANE CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 46 VANE 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 VANE 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 VANE CLOSE?

46 VANE CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 46 on VANE CLOSE.