2, FARTHING CLOSE, LODDON, NORWICH, NR14 6DL - £265,000

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 FARTHING CLOSE is a small detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £276,445. It was last sold for £265,000 in April 2022, which was around 36% below the average April 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

2 FARTHING CLOSE Sold Prices

Land registry data shows one sale for 2 FARTHING 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 South Norfolk 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
2022 14 APR	£265,000	£414,453	36% below HPI

What might 2 FARTHING CLOSE be worth now?

2 FARTHING CLOSE might now be worth an estimated £276,445.

This is based on house price inflation of 4.3%, between April 2022 and May 2026, 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 4.3% inflationary increase is applied to the most recent sale price for 2 FARTHING CLOSE of £265,000 on 14th April 2022. For the value to have increased from £265,000 to £276,445 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 FARTHING CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARTHING CLOSE has not materially changed since April 2022.

How Large is 2 FARTHING CLOSE?

2 FARTHING CLOSE is 101m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses by size in Loddon, and where 2 FARTHING CLOSE lies on this distribution: 24% of detached houses are smaller than 2 FARTHING CLOSE, and 75% of detached houses are larger. Note that EPC data is not available for all properties in Loddon.

2 FARTHING CLOSE: Plot

2 FARTHING CLOSE sits on a plot of roughly 0.093 of an acre, or 376m².

Where is 2 FARTHING CLOSE?

2 FARTHING CLOSE is located in LODDON, in the NR14 postcode district.