16, SHEPHERD CLOSE, SHERINGHAM, NR26 8AS - £385,000

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.

16 SHEPHERD CLOSE is a midsized detached house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £545,736. It was last sold for £385,000 in June 2016, which was around 27% above the average June 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

16 SHEPHERD CLOSE Sold Prices

Land registry data shows two sales for 16 SHEPHERD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 16 SHEPHERD CLOSE sales were for above 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
2016 22 JUN	£385,000	£303,928	27% above HPI
2004 28 OCT	£321,590	£218,218	47% above HPI

16 SHEPHERD 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 two 16 SHEPHERD CLOSE sales from October 2004 and June 2016 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 2004 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the June 2016 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 16 SHEPHERD CLOSE be worth now?

16 SHEPHERD CLOSE might now be worth an estimated £545,736.

This is based on house price inflation of 41.7%, between June 2016 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 41.7% inflationary increase is applied to the most recent sale price for 16 SHEPHERD CLOSE of £385,000 on 22nd June 2016. For the value to have increased from £385,000 to £545,736 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 16 SHEPHERD CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2016 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SHEPHERD CLOSE has not materially changed since June 2016.

How Large is 16 SHEPHERD CLOSE?

16 SHEPHERD CLOSE is 123m² according to the EPC inspection conducted in November 2012. This puts it in the largest 50% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 16 SHEPHERD CLOSE lies on this distribution: 56% of detached houses houses are smaller than 16 SHEPHERD CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

16 SHEPHERD CLOSE: Plot and Title Map

16 SHEPHERD CLOSE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 16 SHEPHERD 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 SHEPHERD 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 SHEPHERD CLOSE?

16 SHEPHERD CLOSE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 16 on SHEPHERD CLOSE.