8, ELSTEAD CLOSE, NORWICH, NR4 6LU - £228,000

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.

8 ELSTEAD CLOSE is a midsized detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £439,403. It was last sold for £228,000 in October 2009, which was around 9% below the average October 2009 detached price in the Norwich local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

8 ELSTEAD CLOSE Sold Prices

Land registry data shows one sale for 8 ELSTEAD 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
2009 29 OCT	£228,000	£250,398	9% below HPI

What might 8 ELSTEAD CLOSE be worth now?

8 ELSTEAD CLOSE might now be worth an estimated £439,403.

This is based on house price inflation of 92.7%, between October 2009 and May 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 92.7% inflationary increase is applied to the most recent sale price for 8 ELSTEAD CLOSE of £228,000 on 29th October 2009. For the value to have increased from £228,000 to £439,403 over the seventeen years and five months to May 2026, the following assumptions must hold true:

• The value of 8 ELSTEAD CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The October 2009 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELSTEAD CLOSE has not materially changed since October 2009.

How Large is 8 ELSTEAD CLOSE?

8 ELSTEAD CLOSE is 107m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 8 ELSTEAD CLOSE lies on this distribution: 47% of detached houses are smaller than 8 ELSTEAD CLOSE, and 53% of detached houses are larger. Note that EPC data is not available for all properties in Norwich.

8 ELSTEAD CLOSE: Plot

8 ELSTEAD CLOSE sits on a plot of roughly 0.086 of an acre, or 348m².

Where is 8 ELSTEAD CLOSE?

8 ELSTEAD CLOSE is located in NORWICH, in the NR4 postcode district.