15, ALDER CLOSE, NORTH WALSHAM, NR28 0UT - £365,000

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.

15 ALDER CLOSE is a large detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £362,752. It was last sold for £365,000 in October 2022, which was around 16% below the average October 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

15 ALDER CLOSE Sold Prices

Land registry data shows four sales for 15 ALDER 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. Most of the four 15 ALDER 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 5 OCT	£365,000	£433,487	16% below HPI
2018 18 APR	£282,500	£344,040	18% below HPI
2009 27 FEB	£185,000	£219,380	16% below HPI
1997 10 JAN	£75,000	£71,364	5% above HPI

15 ALDER 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 15 ALDER CLOSE sales between January 1997 and October 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 April 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 15 ALDER CLOSE be worth now?

15 ALDER CLOSE might now be worth an estimated £362,752.

This is based on house price deflation of 0.6%, between October 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 0.6% deflationary decrease is applied to the most recent sale price for 15 ALDER CLOSE of £365,000 on 5th October 2022. For the value to have decreased from £365,000 to £362,752 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 ALDER CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ALDER CLOSE has not materially changed since October 2022.

How Large is 15 ALDER CLOSE?

15 ALDER CLOSE is 110m² according to the EPC inspection conducted in September 2022. This puts it in the largest 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 15 ALDER CLOSE lies on this distribution: 62% of detached houses houses are smaller than 15 ALDER CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

15 ALDER CLOSE: Plot and Title Map

15 ALDER CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 15 ALDER 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 15 ALDER 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 15 ALDER CLOSE?

15 ALDER CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 15 on ALDER CLOSE.