9, KNIPE CLOSE, TACOLNESTON, NORWICH, NR16 1BX - £300,000

9 KNIPE CLOSE is a small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £300,000 in April 2022, which was around 25% below the average April 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was A.

9 KNIPE CLOSE Sold Prices

Land registry data shows three sales for 9 KNIPE 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. All of the three 9 KNIPE 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
2022 22 APR	£300,000	£401,879	25% below HPI
2014 6 NOV	£188,500	£276,540	32% below HPI
1999 21 OCT	£69,745	£99,001	30% below HPI

9 KNIPE 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 9 KNIPE CLOSE sales between October 1999 and April 2022 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 November 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 9 KNIPE CLOSE?

9 KNIPE CLOSE is 69m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Tacolneston, based on EPC data. The below chart shows the distribution of detached houses by size in Tacolneston, and where 9 KNIPE CLOSE lies on this distribution: 22% of detached houses are smaller than 9 KNIPE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Tacolneston.

9 KNIPE CLOSE: Plot and Title Map

9 KNIPE CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 9 KNIPE 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 9 KNIPE 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 9 KNIPE CLOSE?

9 KNIPE CLOSE is located in TACOLNESTON, in the NR16 postcode district. The below map shows the position of No. 9 on KNIPE CLOSE.