7A, WILLOW CLOSE, WORTWELL, HARLESTON, IP20 0EG - £225,000

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.

7A WILLOW CLOSE is a very small detached house of 70m², which could now be worth an estimated £281,594. It was last sold for £225,000 in October 2019, which was around 36% below the average October 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was A.

7A WILLOW CLOSE Sold Prices

Land registry data shows two sales for 7A WILLOW 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 South Norfolk local authority area for the corresponding sale date. Both of the two 7A WILLOW 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
2019 24 OCT	£225,000	£351,034	36% below HPI
2018 14 MAR	£194,000	£338,158	43% below HPI

7A WILLOW 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 two 7A WILLOW CLOSE sales from March 2018 and October 2019 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 March 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 7A WILLOW CLOSE be worth now?

7A WILLOW CLOSE might now be worth an estimated £281,594.

This is based on house price inflation of 25.2%, between October 2019 and March 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 25.2% inflationary increase is applied to the most recent sale price for 7A WILLOW CLOSE of £225,000 on 24th October 2019. For the value to have increased from £225,000 to £281,594 over the six years and seven months to March 2025, the following assumptions must hold true:

• The value of 7A WILLOW CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 7A WILLOW CLOSE has not materially changed since October 2019.

How Large is 7A WILLOW CLOSE?

7A WILLOW CLOSE is 70m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Wortwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wortwell, and where 7A WILLOW CLOSE lies on this distribution: 9% of detached houses houses are smaller than 7A WILLOW CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Wortwell.

7A WILLOW CLOSE: Plot and Title Map

7A WILLOW CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 7A WILLOW 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 7A WILLOW 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 7A WILLOW CLOSE?

7A WILLOW CLOSE is located in WORTWELL, in the IP20 postcode district. The below map shows the position of No. 7A on WILLOW CLOSE.