5, GLEBE CLOSE, LONG STRATTON, NORWICH, NR15 2TZ - £185,000

5 GLEBE CLOSE is a very small detached house of 54m², built sometime between 1967 and 1975. It was last sold for £185,000 in September 2018, which was around 46% below the average September 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

5 GLEBE CLOSE Sold Prices

Land registry data shows four sales for 5 GLEBE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 5 GLEBE 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
2018 28 SEP	£185,000	£340,391	46% below HPI
2001 15 AUG	£71,000	£136,149	48% below HPI
1999 1 OCT	£58,950	£99,001	40% below HPI
1996 28 MAR	£35,000	£67,567	48% below HPI

5 GLEBE 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 four 5 GLEBE CLOSE sales between March 1996 and September 2018 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 August 2001 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2018 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 5 GLEBE CLOSE?

5 GLEBE CLOSE is 54m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Stratton, and where 5 GLEBE CLOSE lies on this distribution: 2% of detached houses are smaller than 5 GLEBE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

5 GLEBE CLOSE: Plot and Title Map

5 GLEBE CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 5 GLEBE 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 GLEBE 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 GLEBE CLOSE?

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