2, BAILEY CLOSE, NORWICH, NR6 7FE - £360,000

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.

2 BAILEY CLOSE is a very large detached house of 167m², built in 2020, which could now be worth an estimated £418,827. It was last sold for £360,000 in November 2020, which was around 1% below the average November 2020 detached price in the Broadland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

2 BAILEY CLOSE Sold Prices

Land registry data shows one sale for 2 BAILEY 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
2020 19 NOV	£360,000	£362,554	1% below HPI

What might 2 BAILEY CLOSE be worth now?

2 BAILEY CLOSE might now be worth an estimated £418,827.

This is based on house price inflation of 16.3%, between November 2020 and July 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 16.3% inflationary increase is applied to the most recent sale price for 2 BAILEY CLOSE of £360,000 on 19th November 2020. For the value to have increased from £360,000 to £418,827 over the six years and four months to July 2026, the following assumptions must hold true:

• The value of 2 BAILEY CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BAILEY CLOSE has not materially changed since November 2020.

How Large is 2 BAILEY CLOSE?

2 BAILEY CLOSE is 167m² according to the EPC inspection conducted in July 2020. This puts it in the largest 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 2 BAILEY CLOSE lies on this distribution: 88% of detached houses are smaller than 2 BAILEY CLOSE, and 12% of detached houses are larger. Note that EPC data is not available for all properties in Norwich.

2 BAILEY CLOSE: Plot

2 BAILEY CLOSE sits on a plot of roughly 0.081 of an acre, or 327m².

Where is 2 BAILEY CLOSE?

2 BAILEY CLOSE is located in NORWICH, in the NR6 postcode district.