8, SPINNEY CLOSE, LONG STRATTON, NORWICH, NR15 2SX - £177,000

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 SPINNEY CLOSE is a large extended terraced house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £208,834. It was last sold for £177,000 in October 2020, which was around 10% below the average October 2020 terraced price in the South Norfolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

8 SPINNEY CLOSE Sold Prices

Land registry data shows one sale for 8 SPINNEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2020 13 OCT	£177,000	£195,846	10% below HPI

What might 8 SPINNEY CLOSE be worth now?

8 SPINNEY CLOSE might now be worth an estimated £208,834.

This is based on house price inflation of 18%, between October 2020 and May 2026, for terraced 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 18% inflationary increase is applied to the most recent sale price for 8 SPINNEY CLOSE of £177,000 on 13th October 2020. For the value to have increased from £177,000 to £208,834 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 8 SPINNEY CLOSE has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The October 2020 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPINNEY CLOSE has not materially changed since October 2020.

How Large is 8 SPINNEY CLOSE?

8 SPINNEY CLOSE is 78m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of terraced houses in Long Stratton, based on EPC data. The below chart shows the distribution of terraced houses by size in Long Stratton, and where 8 SPINNEY CLOSE lies on this distribution: 66% of terraced houses are smaller than 8 SPINNEY CLOSE, and 34% of terraced houses are larger. Note that EPC data is not available for all properties in Long Stratton.

8 SPINNEY CLOSE: Plot

8 SPINNEY CLOSE sits on a plot of roughly 0.050 of an acre, or 201m².

Where is 8 SPINNEY CLOSE?

8 SPINNEY CLOSE is located in LONG STRATTON, in the NR15 postcode district.