17, CHERRY TREE LANE, NORTH WALSHAM, NR28 0HR - £347,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 CHERRY TREE LANE is a small detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £335,833. It was last sold for £347,500 in July 2022, which was around 20% below the average July 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

17 CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 17 CHERRY TREE LANE 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 17 CHERRY TREE LANE 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 JUL	£347,500	£435,506	20% below HPI
2005 23 SEP	£175,000	£223,123	22% below HPI
1999 10 DEC	£76,000	£95,601	21% below HPI

17 CHERRY TREE LANE 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 17 CHERRY TREE LANE sales between December 1999 and July 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 September 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 17 CHERRY TREE LANE be worth now?

17 CHERRY TREE LANE might now be worth an estimated £335,833.

This is based on house price deflation of 3.4%, between July 2022 and December 2024, 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 3.4% deflationary decrease is applied to the most recent sale price for 17 CHERRY TREE LANE of £347,500 on 5th July 2022. For the value to have decreased from £347,500 to £335,833 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 17 CHERRY TREE LANE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2022 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 17 CHERRY TREE LANE has not materially changed since July 2022.

How Large is 17 CHERRY TREE LANE?

17 CHERRY TREE LANE is 85m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% 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 17 CHERRY TREE LANE lies on this distribution: 29% of detached houses houses are smaller than 17 CHERRY TREE LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

17 CHERRY TREE LANE: Plot and Title Map

17 CHERRY TREE LANE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 17 CHERRY TREE LANE, 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 17 CHERRY TREE LANE). 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 17 CHERRY TREE LANE?

17 CHERRY TREE LANE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 17 on CHERRY TREE LANE.