1, BULLEMER CLOSE, STALHAM, NORWICH, NR12 9AY - £181,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 BULLEMER CLOSE is a large extended detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £312,475. It was last sold for £181,000 in June 2010, which was around 27% below the average June 2010 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

1 BULLEMER CLOSE Sold Prices

Land registry data shows three sales for 1 BULLEMER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 1 BULLEMER 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
2010 8 JUN	£181,000	£249,549	27% below HPI
2003 14 FEB	£145,000	£179,797	19% below HPI
2001 9 JUL	£95,500	£124,740	23% below HPI

1 BULLEMER 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 three 1 BULLEMER CLOSE sales between July 2001 and June 2010 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 February 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2010 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 BULLEMER CLOSE be worth now?

1 BULLEMER CLOSE might now be worth an estimated £312,475.

This is based on house price inflation of 72.6%, between June 2010 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 72.6% inflationary increase is applied to the most recent sale price for 1 BULLEMER CLOSE of £181,000 on 8th June 2010. For the value to have increased from £181,000 to £312,475 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 1 BULLEMER CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2010 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BULLEMER CLOSE has not materially changed since June 2010.

How Large is 1 BULLEMER CLOSE?

1 BULLEMER CLOSE is 118m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stalham, and where 1 BULLEMER CLOSE lies on this distribution: 60% of detached houses houses are smaller than 1 BULLEMER CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Stalham.

1 BULLEMER CLOSE: Plot and Title Map

1 BULLEMER CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 1 BULLEMER 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 BULLEMER 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 BULLEMER CLOSE?

1 BULLEMER CLOSE is located in STALHAM, in the NR12 postcode district. The below map shows the position of No. 1 on BULLEMER CLOSE.