1, GROVE CLOSE, HOLT, NR25 6EF - £512,500

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 GROVE CLOSE is a large extended detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £520,200. It was last sold for £512,500 in February 2024, which was around 21% above the average February 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

1 GROVE CLOSE Sold Prices

Land registry data shows four sales for 1 GROVE 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 GROVE CLOSE sales were for above 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
2024 21 FEB	£512,500	£424,440	21% above HPI
2017 29 SEP	£355,000	£334,341	6% above HPI
2009 15 OCT	£282,500	£240,311	18% above HPI
2008 28 MAR	£325,000	£251,809	29% above HPI

1 GROVE 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 GROVE CLOSE sales between March 2008 and February 2024 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 September 2017 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2024 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 1 GROVE CLOSE be worth now?

1 GROVE CLOSE might now be worth an estimated £520,200.

This is based on house price inflation of 1.5%, between February 2024 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 1.5% inflationary increase is applied to the most recent sale price for 1 GROVE CLOSE of £512,500 on 21st February 2024. For the value to have increased from £512,500 to £520,200 over the one year to February 2025, the following assumptions must hold true:

• The value of 1 GROVE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The February 2024 sale price of £512,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GROVE CLOSE has not materially changed since February 2024.

How Large is 1 GROVE CLOSE?

1 GROVE CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses houses in Holt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holt, and where 1 GROVE CLOSE lies on this distribution: 74% of detached houses houses are smaller than 1 GROVE CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Holt.

1 GROVE CLOSE: Plot and Title Map

1 GROVE CLOSE sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of 1 GROVE 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 GROVE 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 GROVE CLOSE?

1 GROVE CLOSE is located in HOLT, in the NR25 postcode district. The below map shows the position of No. 1 on GROVE CLOSE.