16, IRWIN CLOSE, REEPHAM, NORWICH, NR10 4EQ - £220,000

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.

16 IRWIN CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £286,984. It was last sold for £220,000 in May 2017, which was around 32% below the average May 2017 detached price in the Broadland local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

16 IRWIN CLOSE Sold Prices

Land registry data shows one sale for 16 IRWIN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Broadland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 22 MAY	£220,000	£324,907	32% below HPI

What might 16 IRWIN CLOSE be worth now?

16 IRWIN CLOSE might now be worth an estimated £286,984.

This is based on house price inflation of 30.4%, between May 2017 and May 2026, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.4% inflationary increase is applied to the most recent sale price for 16 IRWIN CLOSE of £220,000 on 22nd May 2017. For the value to have increased from £220,000 to £286,984 over the nine years to May 2026, the following assumptions must hold true:

• The value of 16 IRWIN CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The May 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 16 IRWIN CLOSE has not materially changed since May 2017.

How Large is 16 IRWIN CLOSE?

16 IRWIN CLOSE is 70m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 16 IRWIN CLOSE lies on this distribution: 14% of detached houses are smaller than 16 IRWIN CLOSE, and 86% of detached houses are larger. Note that EPC data is not available for all properties in Reepham.

16 IRWIN CLOSE: Plot

16 IRWIN CLOSE sits on a plot of roughly 0.082 of an acre, or 333m².

Where is 16 IRWIN CLOSE?

16 IRWIN CLOSE is located in REEPHAM, in the NR10 postcode district.