1, ALDER CLOSE, NORTH WALSHAM, NR28 0UT - £212,500

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.

1 ALDER CLOSE is a small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £291,633. It was last sold for £212,500 in December 2016, which was around 32% below the average December 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

1 ALDER CLOSE Sold Prices

Land registry data shows two sales for 1 ALDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 1 ALDER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 15 DEC	£212,500	£313,917	32% below HPI
1996 30 OCT	£62,000	£70,357	12% below HPI

1 ALDER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 1 ALDER CLOSE sales from October 1996 and December 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 ALDER CLOSE be worth now?

1 ALDER CLOSE might now be worth an estimated £291,633.

This is based on house price inflation of 37.2%, between December 2016 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.2% inflationary increase is applied to the most recent sale price for 1 ALDER CLOSE of £212,500 on 15th December 2016. For the value to have increased from £212,500 to £291,633 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 ALDER CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2016 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 1 ALDER CLOSE has not materially changed since December 2016.

How Large is 1 ALDER CLOSE?

1 ALDER CLOSE is 89m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 1 ALDER CLOSE lies on this distribution: 35% of detached houses houses are smaller than 1 ALDER CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

1 ALDER CLOSE: Plot and Title Map

1 ALDER CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 1 ALDER CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 ALDER CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 ALDER CLOSE?

1 ALDER CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 1 on ALDER CLOSE.