5, Lime Tree Close
5, Lime Tree Close
Description & Estimates
5, Lime Tree Close, Norwich is recorded publicly as a modern freehold house across 990 ft2 of internal area, sitting on a 271 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Lime Tree Close, Norwich is £301,361 and its rental estimate is £1,354 per month, given the available information and assuming reasonable condition.
Lime Tree Close, Framingham Earl, Norwich, NR14 falls within the NR14 postal district, in the borough of South Norfolk.
Our Data Sources
5, Lime Tree Close, Norwich has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Lime Tree Close, Norwich, we estimate a market value of £316,429 and a rental value of £1,422 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £280,266 and £1,259 per month respectively.
Recent Market Change
Over the last year, 5, Lime Tree Close, Norwich has seen its estimated sale value decrease by £3,514 (1.2%) and its estimated rental value grow by £43 per month (3.1%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 5, Lime Tree Close, Norwich as measuring 271 m2.
That makes it the 6th largest plot in the postcode, where 11 of the 14 other houses have recorded plot data.
Energy Efficiency
5, Lime Tree Close, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 May 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Lime Tree Close, Norwich completed on 19th December 2022 at £390,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 16.2% over the period since December 2022.
- Sold Dec 2022£390,000
- Sold May 2017£280,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Lime Tree Close, Norwich have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th September 2024, was 3, Lime Tree Close, Norwich, NR14 7UF, a freehold house which sold for £315,000.
Read more about house prices in NR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Lime Tree Close, Framingham Earl, Norwich, NR14, 5, Lime Tree Close, Norwich comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the NR14 district.
More reading links
Schools Nearby
- 1.2kmPoringland Primary School
- 3.0kmStoke Holy Cross Primary School
- 3.2kmAlpington and Bergh Apton Church of England Voluntary Aided Primary School
- 300mFramingham Earl High School
- 4.7kmUniversity Technical College Norfolk
- 5.2kmHewett Academy
More reading links
Public Transport Nearby
From 5, Lime Tree Close, Norwich, the nearest station is Norwich, 5.8 kilometres away.
- 5.8kmNorwich
- 7.1kmBrundall Gardens
- 8.0kmBrundall
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
