2, LAYER CLOSE, NORWICH, NR5 9NS - £280,000

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 LAYER CLOSE is a midsized detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £390,961. It was last sold for £280,000 in September 2015, which was around 16% below the average September 2015 detached price in the Norwich local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

2 LAYER CLOSE Sold Prices

Land registry data shows one sale for 2 LAYER 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 Norwich 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
2015 9 SEP	£280,000	£335,320	16% below HPI

What might 2 LAYER CLOSE be worth now?

2 LAYER CLOSE might now be worth an estimated £390,961.

This is based on house price inflation of 39.6%, between September 2015 and April 2026, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.6% inflationary increase is applied to the most recent sale price for 2 LAYER CLOSE of £280,000 on 9th September 2015. For the value to have increased from £280,000 to £390,961 over the eleven years and five months to April 2026, the following assumptions must hold true:

• The value of 2 LAYER CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The September 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAYER CLOSE has not materially changed since September 2015.

How Large is 2 LAYER CLOSE?

2 LAYER CLOSE is 115m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% 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 LAYER CLOSE lies on this distribution: 57% of detached houses are smaller than 2 LAYER CLOSE, and 42% of detached houses are larger. Note that EPC data is not available for all properties in Norwich.

2 LAYER CLOSE: Plot

2 LAYER CLOSE sits on a plot of roughly 0.118 of an acre, or 476m².

Where is 2 LAYER CLOSE?

2 LAYER CLOSE is located in NORWICH, in the NR5 postcode district.