5, BAILEY CLOSE, NORWICH, NR6 7FE - £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.

5 BAILEY CLOSE is a midsized semi-detached house of 80m², built in 2020, which could now be worth an estimated £313,669. It was last sold for £265,000 in November 2020, which was around 14% above the average November 2020 semi-detached price in the Broadland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

5 BAILEY CLOSE Sold Prices

Land registry data shows one sale for 5 BAILEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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 11 NOV	£265,000	£232,118	14% above HPI

What might 5 BAILEY CLOSE be worth now?

5 BAILEY CLOSE might now be worth an estimated £313,669.

This is based on house price inflation of 18.4%, between November 2020 and July 2026, for semi-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 18.4% inflationary increase is applied to the most recent sale price for 5 BAILEY CLOSE of £265,000 on 11th November 2020. For the value to have increased from £265,000 to £313,669 over the six years and four months to July 2026, the following assumptions must hold true:

• The value of 5 BAILEY CLOSE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The November 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BAILEY CLOSE has not materially changed since November 2020.

How Large is 5 BAILEY CLOSE?

5 BAILEY CLOSE is 80m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of semi-detached houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Norwich, and where 5 BAILEY CLOSE lies on this distribution: 40% of semi-detached houses are smaller than 5 BAILEY CLOSE, and 58% of semi-detached houses are larger. Note that EPC data is not available for all properties in Norwich.

5 BAILEY CLOSE: Plot

5 BAILEY CLOSE sits on a plot of roughly 0.043 of an acre, or 173m².

Where is 5 BAILEY CLOSE?

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