16, GLAVEN CLOSE, NORTH WALSHAM, NR28 9BJ - £172,500

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.

16 GLAVEN CLOSE is a very small detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £195,894. It was last sold for £172,500 in February 2021, which was around 55% below the average February 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

16 GLAVEN CLOSE Sold Prices

Land registry data shows three sales for 16 GLAVEN 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 16 GLAVEN 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
2021 26 FEB	£172,500	£379,369	55% below HPI
2002 23 OCT	£120,000	£161,214	26% below HPI
1997 15 SEP	£57,000	£76,132	25% below HPI

16 GLAVEN 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 16 GLAVEN CLOSE sales between September 1997 and February 2021 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 October 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2021 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 16 GLAVEN CLOSE be worth now?

16 GLAVEN CLOSE might now be worth an estimated £195,894.

This is based on house price inflation of 13.6%, between February 2021 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 13.6% inflationary increase is applied to the most recent sale price for 16 GLAVEN CLOSE of £172,500 on 26th February 2021. For the value to have increased from £172,500 to £195,894 over the four years to February 2025, the following assumptions must hold true:

• The value of 16 GLAVEN CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The February 2021 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 16 GLAVEN CLOSE has not materially changed since February 2021.

How Large is 16 GLAVEN CLOSE?

16 GLAVEN CLOSE is 55m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 16 GLAVEN CLOSE lies on this distribution: 1% of detached houses houses are smaller than 16 GLAVEN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

16 GLAVEN CLOSE: Plot and Title Map

16 GLAVEN CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 16 GLAVEN 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 16 GLAVEN 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 16 GLAVEN CLOSE?

16 GLAVEN CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 16 on GLAVEN CLOSE.