1, GARDEN CLOSE, NORTH WALSHAM, NR28 0AY - £249,950

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 GARDEN CLOSE is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £298,703. It was last sold for £249,950 in September 2019, which was around 29% below the average September 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

1 GARDEN CLOSE Sold Prices

Land registry data shows four sales for 1 GARDEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 1 GARDEN 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
2019 18 SEP	£249,950	£354,396	29% below HPI
2019 23 AUG	£250,000	£350,367	29% below HPI
2015 8 APR	£189,000	£275,682	31% below HPI
1997 18 AUG	£50,220	£75,152	33% below HPI

1 GARDEN 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 four 1 GARDEN CLOSE sales between August 1997 and September 2019 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 August 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2019 sale, which was also at 29% below the HPI.

What might 1 GARDEN CLOSE be worth now?

1 GARDEN CLOSE might now be worth an estimated £298,703.

This is based on house price inflation of 19.5%, between September 2019 and March 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 19.5% inflationary increase is applied to the most recent sale price for 1 GARDEN CLOSE of £249,950 on 18th September 2019. For the value to have increased from £249,950 to £298,703 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 1 GARDEN CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2019 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 1 GARDEN CLOSE has not materially changed since September 2019.

How Large is 1 GARDEN CLOSE?

1 GARDEN CLOSE is 70m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 GARDEN CLOSE lies on this distribution: 11% of detached houses houses are smaller than 1 GARDEN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

1 GARDEN CLOSE: Plot and Title Map

1 GARDEN CLOSE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 1 GARDEN 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 GARDEN 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 GARDEN CLOSE?

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