12, MORRISON CLOSE, NORTH WALSHAM, NR28 0HY - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MORRISON CLOSE is a small extended detached house of 80m², built sometime between 1976 and 1982. It was last sold for £225,000 in July 2018, which was around 35% below the average July 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

12 MORRISON CLOSE Sold Prices

Land registry data shows three sales for 12 MORRISON 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 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
2018 18 JUL	£225,000	£348,314	35% below HPI
2011 23 FEB	£145,000	£228,144	36% below HPI
2001 1 JUN	£112,000	£122,606	9% below HPI

12 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 three 12 MORRISON CLOSE sales between June 2001 and July 2018 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 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 MORRISON CLOSE?

12 MORRISON CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% 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 12 MORRISON CLOSE lies on this distribution: 24% of detached houses are smaller than 12 MORRISON CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

12 MORRISON CLOSE: Plot and Title Map

12 MORRISON CLOSE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 12 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 12 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 12 MORRISON CLOSE?

12 MORRISON CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 12 on MORRISON CLOSE.