1, ORCHARD CLOSE, NORTH WALSHAM, NR28 0AZ - £295,000

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 ORCHARD CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £301,004. It was last sold for £295,000 in October 2024, which was around 30% below the average October 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

1 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 1 ORCHARD 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 ORCHARD 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
2024 21 OCT	£295,000	£422,224	30% below HPI
2018 20 APR	£230,000	£344,040	33% below HPI

1 ORCHARD 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 ORCHARD CLOSE sales from April 2018 and October 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 April 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 ORCHARD CLOSE be worth now?

1 ORCHARD CLOSE might now be worth an estimated £301,004.

This is based on house price inflation of 2%, between October 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 2% inflationary increase is applied to the most recent sale price for 1 ORCHARD CLOSE of £295,000 on 21st October 2024. For the value to have increased from £295,000 to £301,004 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 1 ORCHARD CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2024 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ORCHARD CLOSE has not materially changed since October 2024.

How Large is 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is 74m² according to the EPC inspection conducted in September 2017. 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 ORCHARD CLOSE lies on this distribution: 16% of detached houses houses are smaller than 1 ORCHARD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

1 ORCHARD CLOSE: Plot and Title Map

1 ORCHARD CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 1 ORCHARD 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 ORCHARD 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 ORCHARD CLOSE?

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