8, ALFRIC CLOSE, LODDON, NORWICH, NR14 6TW - £125,000

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.

8 ALFRIC CLOSE is a very small semi-detached house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £231,101. It was last sold for £125,000 in November 2011, which was around 18% below the average November 2011 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

8 ALFRIC CLOSE Sold Prices

Land registry data shows two sales for 8 ALFRIC CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 8 ALFRIC CLOSE sales was for below the average price, whilst the other was 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
2011 18 NOV	£125,000	£153,160	18% below HPI
1999 18 OCT	£62,500	£60,918	3% above HPI

8 ALFRIC CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 8 ALFRIC CLOSE sales from October 1999 and November 2011 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 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2011 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 ALFRIC CLOSE be worth now?

8 ALFRIC CLOSE might now be worth an estimated £231,101.

This is based on house price inflation of 84.9%, between November 2011 and October 2025, for semi-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 84.9% inflationary increase is applied to the most recent sale price for 8 ALFRIC CLOSE of £125,000 on 18th November 2011. For the value to have increased from £125,000 to £231,101 over the fourteen years and one month to October 2025, the following assumptions must hold true:

• The value of 8 ALFRIC CLOSE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The November 2011 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALFRIC CLOSE has not materially changed since November 2011.

How Large is 8 ALFRIC CLOSE?

8 ALFRIC CLOSE is 60m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of semi-detached houses houses in Loddon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Loddon, and where 8 ALFRIC CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 8 ALFRIC CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Loddon.

8 ALFRIC CLOSE: Plot and Title Map

8 ALFRIC CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 8 ALFRIC 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 8 ALFRIC 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 8 ALFRIC CLOSE?

8 ALFRIC CLOSE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 8 on ALFRIC CLOSE.