5, VICARAGE CLOSE, COSTESSEY, NORWICH, NR8 5DL - £348,500

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 VICARAGE CLOSE is a large extended detached house of 157m², built sometime between 1976 and 1982, which could now be worth an estimated £488,738. It was last sold for £348,500 in February 2016, which was around 15% above the average February 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

5 VICARAGE CLOSE Sold Prices

Land registry data shows three sales for 5 VICARAGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Two of the three 5 VICARAGE CLOSE sales were for above the average price, whilst one was 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
2016 25 FEB	£348,500	£302,311	15% above HPI
2010 24 JUN	£335,000	£245,039	37% above HPI
1997 3 APR	£73,000	£83,286	12% below HPI

5 VICARAGE 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 three 5 VICARAGE CLOSE sales between April 1997 and February 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 June 2010 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the February 2016 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 5 VICARAGE CLOSE be worth now?

5 VICARAGE CLOSE might now be worth an estimated £488,738.

This is based on house price inflation of 40.2%, between February 2016 and June 2025, for detached 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 40.2% inflationary increase is applied to the most recent sale price for 5 VICARAGE CLOSE of £348,500 on 25th February 2016. For the value to have increased from £348,500 to £488,738 over the eight years and eight months to June 2025, the following assumptions must hold true:

• The value of 5 VICARAGE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The February 2016 sale price of £348,500 represented a fair market value for the property.
• The size, condition, and specification of 5 VICARAGE CLOSE has not materially changed since February 2016.

How Large is 5 VICARAGE CLOSE?

5 VICARAGE CLOSE is 157m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costessey, and where 5 VICARAGE CLOSE lies on this distribution: 72% of detached houses houses are smaller than 5 VICARAGE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Costessey.

5 VICARAGE CLOSE: Plot and Title Map

5 VICARAGE CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 5 VICARAGE 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 VICARAGE 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 VICARAGE CLOSE?

5 VICARAGE CLOSE is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 5 on VICARAGE CLOSE.