3, HARE CLOSE, MULBARTON, NORWICH, NR14 8QQ - £335,000

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.

3 HARE CLOSE is a small extended detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £350,292. It was last sold for £335,000 in May 2022, which was around 19% below the average May 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

3 HARE CLOSE Sold Prices

Land registry data shows one sale for 3 HARE 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 12 MAY	£335,000	£413,478	19% below HPI

What might 3 HARE CLOSE be worth now?

3 HARE CLOSE might now be worth an estimated £350,292.

This is based on house price inflation of 4.6%, between May 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 4.6% inflationary increase is applied to the most recent sale price for 3 HARE CLOSE of £335,000 on 12th May 2022. For the value to have increased from £335,000 to £350,292 over the four years to May 2026, the following assumptions must hold true:

• The value of 3 HARE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HARE CLOSE has not materially changed since May 2022.

How Large is 3 HARE CLOSE?

3 HARE CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 3 HARE CLOSE lies on this distribution: 26% of detached houses are smaller than 3 HARE CLOSE, and 74% of detached houses are larger. Note that EPC data is not available for all properties in Mulbarton.

3 HARE CLOSE: Plot

3 HARE CLOSE sits on a plot of roughly 0.071 of an acre, or 289m².

Where is 3 HARE CLOSE?

3 HARE CLOSE is located in MULBARTON, in the NR14 postcode district.