1, MEADOW CLOSE, NORTH WALSHAM, NR28 0AX - £313,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MEADOW CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £313,500 in September 2021, which was around 15% below the average September 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

1 MEADOW CLOSE Sold Prices

Land registry data shows three sales for 1 MEADOW 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 MEADOW 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
2021 24 SEP	£313,500	£369,836	15% below HPI
2017 10 JUL	£230,000	£323,280	29% below HPI
1996 28 AUG	£59,950	£67,693	11% below HPI

1 MEADOW 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 MEADOW CLOSE sales between August 1996 and September 2021 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 July 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 MEADOW CLOSE?

1 MEADOW CLOSE is 72m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where 1 MEADOW CLOSE lies on this distribution: 13% of detached houses are smaller than 1 MEADOW CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

1 MEADOW CLOSE: Plot and Title Map

1 MEADOW CLOSE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 1 MEADOW 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 MEADOW 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 MEADOW CLOSE?

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