5, HERBERT COLMAN CLOSE, STRUMPSHAW, NORWICH, NR13 4PF - £336,500

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.

5 HERBERT COLMAN CLOSE is a very small detached house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £648,254. It was last sold for £336,500 in April 2005, which was around 53% above the average April 2005 detached price in the Broadland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was F, and the potential energy rating was C.

5 HERBERT COLMAN CLOSE Sold Prices

Land registry data shows two sales for 5 HERBERT COLMAN 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 5 HERBERT COLMAN 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
2005 12 APR	£336,500	£220,006	53% above HPI
1997 19 AUG	£138,500	£81,040	71% above HPI

5 HERBERT COLMAN 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 5 HERBERT COLMAN CLOSE sales from August 1997 and April 2005 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 1997 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the April 2005 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 5 HERBERT COLMAN CLOSE be worth now?

5 HERBERT COLMAN CLOSE might now be worth an estimated £648,254.

This is based on house price inflation of 92.6%, between April 2005 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 92.6% inflationary increase is applied to the most recent sale price for 5 HERBERT COLMAN CLOSE of £336,500 on 12th April 2005. For the value to have increased from £336,500 to £648,254 over the twenty years and eleven months to May 2026, the following assumptions must hold true:

• The value of 5 HERBERT COLMAN CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The April 2005 sale price of £336,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HERBERT COLMAN CLOSE has not materially changed since April 2005.

How Large is 5 HERBERT COLMAN CLOSE?

5 HERBERT COLMAN CLOSE is 104m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses houses in Strumpshaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Strumpshaw, and where 5 HERBERT COLMAN CLOSE lies on this distribution: 11% of detached houses houses are smaller than 5 HERBERT COLMAN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Strumpshaw.

5 HERBERT COLMAN CLOSE: Plot and Title Map

5 HERBERT COLMAN CLOSE sits on a plot of roughly 0.326 of an acre, or 1,319m². The below map shows the location of 5 HERBERT COLMAN 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 HERBERT COLMAN 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 HERBERT COLMAN CLOSE?

5 HERBERT COLMAN CLOSE is located in STRUMPSHAW, in the NR13 postcode district. The below map shows the position of No. 5 on HERBERT COLMAN CLOSE.