2, GROUSE CLOSE, SPROWSTON, NORWICH, NR7 8US - £175,000

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 GROUSE CLOSE is a small flat of 46m², built in 2016, which could now be worth an estimated £160,117. It was last sold for £175,000 in September 2022, which was around 10% above the average September 2022 flat price in the Broadland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was B.

2 GROUSE CLOSE Sold Prices

Land registry data shows one sale for 2 GROUSE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2022 23 SEP	£175,000	£159,356	10% above HPI

What might 2 GROUSE CLOSE be worth now?

2 GROUSE CLOSE might now be worth an estimated £160,117.

This is based on house price deflation of 8.5%, between September 2022 and May 2026, for flats, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% deflationary decrease is applied to the most recent sale price for 2 GROUSE CLOSE of £175,000 on 23rd September 2022. For the value to have decreased from £175,000 to £160,117 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 2 GROUSE CLOSE has moved in line with the HPI for flats in the Broadland local authority area.
• The September 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GROUSE CLOSE has not materially changed since September 2022.

How Large is 2 GROUSE CLOSE?

2 GROUSE CLOSE is 46m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of flats in Norwich, based on EPC data. 24% of flats are smaller than 2 GROUSE CLOSE, and 74% of flats are larger. Note that EPC data is not available for all properties in Norwich.

2 GROUSE CLOSE: Plot

2 GROUSE CLOSE sits on a plot of roughly 0.649 of an acre, or 2,626m².

Where is 2 GROUSE CLOSE?

2 GROUSE CLOSE is located in SPROWSTON, in the NR7 postcode district.