11, MORRISON CLOSE, NORTH WALSHAM, NR28 0HY - £280,000

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 MORRISON CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £282,047. It was last sold for £280,000 in March 2022, which was around 35% below the average March 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

11 MORRISON CLOSE Sold Prices

Land registry data shows four sales for 11 MORRISON 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 11 MORRISON 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
2022 11 MAR	£280,000	£427,690	35% below HPI
2016 4 MAY	£229,950	£305,257	25% below HPI
2007 23 FEB	£169,000	£247,249	32% below HPI
1996 16 JUL	£50,000	£68,659	27% below HPI

11 MORRISON 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 11 MORRISON CLOSE sales between July 1996 and March 2022 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 May 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 11 MORRISON CLOSE be worth now?

11 MORRISON CLOSE might now be worth an estimated £282,047.

This is based on house price inflation of 0.7%, between March 2022 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 0.7% inflationary increase is applied to the most recent sale price for 11 MORRISON CLOSE of £280,000 on 11th March 2022. For the value to have increased from £280,000 to £282,047 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 11 MORRISON CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The March 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MORRISON CLOSE has not materially changed since March 2022.

How Large is 11 MORRISON CLOSE?

11 MORRISON CLOSE is 73m² according to the EPC inspection conducted in October 2022. 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 11 MORRISON CLOSE lies on this distribution: 15% of detached houses houses are smaller than 11 MORRISON CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

11 MORRISON CLOSE: Plot and Title Map

11 MORRISON CLOSE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 11 MORRISON 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 MORRISON 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 MORRISON CLOSE?

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