12, GREEN CLOSE, HEMPTON, FAKENHAM, NR21 7LL - £240,000

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.

12 GREEN CLOSE is a very small extended detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £273,774. It was last sold for £240,000 in September 2020, which was around 36% below the average September 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

12 GREEN CLOSE Sold Prices

Land registry data shows three sales for 12 GREEN 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 12 GREEN 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
2020 28 SEP	£240,000	£377,670	36% below HPI
2013 11 FEB	£155,000	£240,893	36% below HPI
1997 15 DEC	£70,000	£80,161	13% below HPI

12 GREEN 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 12 GREEN CLOSE sales between December 1997 and September 2020 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 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2020 sale, which was also at 36% below the HPI.

What might 12 GREEN CLOSE be worth now?

12 GREEN CLOSE might now be worth an estimated £273,774.

This is based on house price inflation of 14.1%, between September 2020 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 14.1% inflationary increase is applied to the most recent sale price for 12 GREEN CLOSE of £240,000 on 28th September 2020. For the value to have increased from £240,000 to £273,774 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 GREEN CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GREEN CLOSE has not materially changed since September 2020.

How Large is 12 GREEN CLOSE?

12 GREEN CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Hempton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hempton, and where 12 GREEN CLOSE lies on this distribution: 13% of detached houses houses are smaller than 12 GREEN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hempton.

12 GREEN CLOSE: Plot and Title Map

12 GREEN CLOSE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 12 GREEN 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 12 GREEN 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 12 GREEN CLOSE?

12 GREEN CLOSE is located in HEMPTON, in the NR21 postcode district. The below map shows the position of No. 12 on GREEN CLOSE.