5, BROOKFIELD CLOSE, LONG STRATTON, NORWICH, NR15 2WS - £240,000

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.

5 BROOKFIELD CLOSE is a small terraced house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £292,119. It was last sold for £240,000 in April 2020, which was around 26% above the average April 2020 terraced price in the South Norfolk local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

5 BROOKFIELD CLOSE Sold Prices

Land registry data shows three sales for 5 BROOKFIELD 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 South Norfolk local authority area for the corresponding sale date. All of the three 5 BROOKFIELD CLOSE sales 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
2020 3 APR	£240,000	£189,978	26% above HPI
2005 6 APR	£175,000	£119,963	46% above HPI
2002 30 SEP	£128,995	£85,412	51% above HPI

5 BROOKFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Norfolk local authority area over time, sourced from the HPI. The three 5 BROOKFIELD CLOSE sales between September 2002 and April 2020 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 2005 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the April 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 5 BROOKFIELD CLOSE be worth now?

5 BROOKFIELD CLOSE might now be worth an estimated £292,119.

This is based on house price inflation of 21.7%, between April 2020 and April 2026, for terraced 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 21.7% inflationary increase is applied to the most recent sale price for 5 BROOKFIELD CLOSE of £240,000 on 3rd April 2020. For the value to have increased from £240,000 to £292,119 over the six years to April 2026, the following assumptions must hold true:

• The value of 5 BROOKFIELD CLOSE has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The April 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BROOKFIELD CLOSE has not materially changed since April 2020.

How Large is 5 BROOKFIELD CLOSE?

5 BROOKFIELD CLOSE is 93m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of terraced houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Long Stratton, and where 5 BROOKFIELD CLOSE lies on this distribution: 29% of terraced houses houses are smaller than 5 BROOKFIELD CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

5 BROOKFIELD CLOSE: Plot and Title Map

5 BROOKFIELD CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 5 BROOKFIELD 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 5 BROOKFIELD 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 5 BROOKFIELD CLOSE?

5 BROOKFIELD CLOSE is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 5 on BROOKFIELD CLOSE.