7, HERCULES CLOSE, NORWICH, NR6 5HL - £225,000

7 HERCULES CLOSE is a very small semi-detached house of 77m², built sometime between 1967 and 1975. It was last sold for £225,000 in November 2020, which was around 37% below the average November 2020 detached price in the Broadland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

7 HERCULES CLOSE Sold Prices

Land registry data shows four sales for 7 HERCULES 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 Broadland local authority area for the corresponding sale date. All of the four 7 HERCULES 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
2020 20 NOV	£225,000	£358,956	37% below HPI
2013 8 AUG	£195,000	£250,158	22% below HPI
2005 1 DEC	£165,000	£220,778	25% below HPI
2000 20 SEP	£75,000	£117,994	36% below HPI

7 HERCULES 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 four 7 HERCULES CLOSE sales between September 2000 and November 2020 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 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 7 HERCULES CLOSE?

7 HERCULES CLOSE is 77m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 7 HERCULES CLOSE lies on this distribution: 15% of detached houses are smaller than 7 HERCULES CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 HERCULES CLOSE: Plot and Title Map

7 HERCULES CLOSE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 7 HERCULES 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 HERCULES 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 HERCULES CLOSE?

7 HERCULES CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 7 on HERCULES CLOSE.