14, GRICE CLOSE, SHERINGHAM, NR26 8UG - £165,000

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.

14 GRICE CLOSE is a very small terraced house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £239,252. It was last sold for £165,000 in July 2015, which was around 2% above the average July 2015 terraced price in the North Norfolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

14 GRICE CLOSE Sold Prices

Land registry data shows three sales for 14 GRICE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. Two of the three 14 GRICE CLOSE sales were for above the average price, whilst one was 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
2015 17 JUL	£165,000	£161,463	2% above HPI
2007 6 JUN	£141,000	£145,732	3% below HPI
2003 17 APR	£110,500	£94,743	17% above HPI

14 GRICE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Norfolk local authority area over time, sourced from the HPI. The three 14 GRICE CLOSE sales between April 2003 and July 2015 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 June 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2015 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 14 GRICE CLOSE be worth now?

14 GRICE CLOSE might now be worth an estimated £239,252.

This is based on house price inflation of 45%, between July 2015 and June 2025, for terraced 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 45% inflationary increase is applied to the most recent sale price for 14 GRICE CLOSE of £165,000 on 17th July 2015. For the value to have increased from £165,000 to £239,252 over the ten years and one month to June 2025, the following assumptions must hold true:

• The value of 14 GRICE CLOSE has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The July 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GRICE CLOSE has not materially changed since July 2015.

How Large is 14 GRICE CLOSE?

14 GRICE CLOSE is 81m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of terraced houses houses in Sheringham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sheringham, and where 14 GRICE CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 14 GRICE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

14 GRICE CLOSE: Plot and Title Map

14 GRICE CLOSE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 14 GRICE 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 14 GRICE 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 14 GRICE CLOSE?

14 GRICE CLOSE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 14 on GRICE CLOSE.