11, LITESTER CLOSE, NORTH WALSHAM, NR28 9JA - £270,000

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.

11 LITESTER CLOSE is a small detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £372,432. It was last sold for £270,000 in September 2016, which was around 14% below the average September 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

11 LITESTER CLOSE Sold Prices

Land registry data shows three sales for 11 LITESTER 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 11 LITESTER 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
2016 14 SEP	£270,000	£312,327	14% below HPI
2015 19 FEB	£206,000	£273,405	25% below HPI
2000 16 MAR	£87,000	£97,623	11% below HPI

11 LITESTER 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 11 LITESTER CLOSE sales between March 2000 and September 2016 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 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 11 LITESTER CLOSE be worth now?

11 LITESTER CLOSE might now be worth an estimated £372,432.

This is based on house price inflation of 37.9%, between September 2016 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 37.9% inflationary increase is applied to the most recent sale price for 11 LITESTER CLOSE of £270,000 on 14th September 2016. For the value to have increased from £270,000 to £372,432 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 LITESTER CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2016 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LITESTER CLOSE has not materially changed since September 2016.

How Large is 11 LITESTER CLOSE?

11 LITESTER CLOSE is 89m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 11 LITESTER CLOSE lies on this distribution: 35% of detached houses houses are smaller than 11 LITESTER CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

11 LITESTER CLOSE: Plot and Title Map

11 LITESTER CLOSE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 11 LITESTER 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 11 LITESTER 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 11 LITESTER CLOSE?

11 LITESTER CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 11 on LITESTER CLOSE.