5, TOWN CLOSE ROAD, NORWICH, NR2 2NB - £1,337,500

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 TOWN CLOSE ROAD is a very large extended semi-detached house of 208m², built sometime before 1900, which could now be worth an estimated £1,378,753. It was last sold for £1,337,500 in April 2022, which was around 372% above the average April 2022 semi-detached price in the Norwich local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

5 TOWN CLOSE ROAD Sold Prices

Land registry data shows four sales for 5 TOWN CLOSE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Norwich local authority area for the corresponding sale date. All of the four 5 TOWN CLOSE ROAD 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
2022 1 APR	£1,337,500	£283,466	372% above HPI
2014 20 OCT	£895,000	£193,286	363% above HPI
2013 11 JUN	£720,000	£172,020	319% above HPI
1996 9 OCT	£255,000	£44,567	472% above HPI

5 TOWN CLOSE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Norwich local authority area over time, sourced from the HPI. The four 5 TOWN CLOSE ROAD sales between October 1996 and April 2022 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 October 2014 sale was for 363% above the HPI. So the extrapolation line tracks at 363% above the HPI over time, until the April 2022 sale, where it rises to 372% above the HPI. The line then continues to track at 372% above the HPI.

What might 5 TOWN CLOSE ROAD be worth now?

5 TOWN CLOSE ROAD might now be worth an estimated £1,378,753.

This is based on house price inflation of 3.1%, between April 2022 and February 2025, for semi-detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% inflationary increase is applied to the most recent sale price for 5 TOWN CLOSE ROAD of £1,337,500 on 1st April 2022. For the value to have increased from £1,337,500 to £1,378,753 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 5 TOWN CLOSE ROAD has moved in line with the HPI for semi-detached houses in the Norwich local authority area.
• The April 2022 sale price of £1,337,500 represented a fair market value for the property.
• The size, condition, and specification of 5 TOWN CLOSE ROAD has not materially changed since April 2022.

How Large is 5 TOWN CLOSE ROAD?

5 TOWN CLOSE ROAD is 208m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 5 TOWN CLOSE ROAD lies on this distribution: 95% of semi-detached houses houses are smaller than 5 TOWN CLOSE ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 TOWN CLOSE ROAD: Plot and Title Map

5 TOWN CLOSE ROAD sits on a plot of roughly 0.295 of an acre, or 1,194m². The below map shows the location of 5 TOWN CLOSE ROAD, 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 TOWN CLOSE ROAD). 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 TOWN CLOSE ROAD?

5 TOWN CLOSE ROAD is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 5 on TOWN CLOSE ROAD.