7, CORNWALLIS CLOSE, NORWICH, NR5 9BJ - £270,000

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.

7 CORNWALLIS CLOSE is a very small detached house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £281,455. It was last sold for £270,000 in September 2021, which was around 38% below the average September 2021 detached price in the Norwich local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

7 CORNWALLIS CLOSE Sold Prices

Land registry data shows three sales for 7 CORNWALLIS 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 Norwich local authority area for the corresponding sale date. All of the three 7 CORNWALLIS 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
2021 29 SEP	£270,000	£432,860	38% below HPI
2017 6 OCT	£220,000	£376,382	42% below HPI
2004 23 AUG	£134,000	£238,156	44% below HPI

7 CORNWALLIS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 7 CORNWALLIS CLOSE sales between August 2004 and September 2021 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 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 7 CORNWALLIS CLOSE be worth now?

7 CORNWALLIS CLOSE might now be worth an estimated £281,455.

This is based on house price inflation of 4.2%, between September 2021 and October 2025, for 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 4.2% inflationary increase is applied to the most recent sale price for 7 CORNWALLIS CLOSE of £270,000 on 29th September 2021. For the value to have increased from £270,000 to £281,455 over the three years and eleven months to October 2025, the following assumptions must hold true:

• The value of 7 CORNWALLIS CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The September 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CORNWALLIS CLOSE has not materially changed since September 2021.

How Large is 7 CORNWALLIS CLOSE?

7 CORNWALLIS CLOSE is 75m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 7 CORNWALLIS CLOSE lies on this distribution: 13% of detached houses houses are smaller than 7 CORNWALLIS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 CORNWALLIS CLOSE: Plot and Title Map

7 CORNWALLIS CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 7 CORNWALLIS 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 7 CORNWALLIS 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 7 CORNWALLIS CLOSE?

7 CORNWALLIS CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 7 on CORNWALLIS CLOSE.