18, FOUNDRY CLOSE, FOULSHAM, DEREHAM, NR20 5TJ - £318,000

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.

18 FOUNDRY CLOSE is a very small detached house of 42m², built sometime between 1976 and 1982, which could now be worth an estimated £340,536. It was last sold for £318,000 in December 2021, which was around 20% below the average December 2021 detached price in the Broadland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was A.

18 FOUNDRY CLOSE Sold Prices

Land registry data shows three sales for 18 FOUNDRY 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 Broadland local authority area for the corresponding sale date. All of the three 18 FOUNDRY 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 17 DEC	£318,000	£395,517	20% below HPI
2020 21 FEB	£255,000	£347,518	27% below HPI
2016 26 AUG	£159,950	£317,231	50% below HPI

18 FOUNDRY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 18 FOUNDRY CLOSE sales between August 2016 and December 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 February 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 18 FOUNDRY CLOSE be worth now?

18 FOUNDRY CLOSE might now be worth an estimated £340,536.

This is based on house price inflation of 7.1%, between December 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% inflationary increase is applied to the most recent sale price for 18 FOUNDRY CLOSE of £318,000 on 17th December 2021. For the value to have increased from £318,000 to £340,536 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 FOUNDRY CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2021 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FOUNDRY CLOSE has not materially changed since December 2021.

How Large is 18 FOUNDRY CLOSE?

18 FOUNDRY CLOSE is 42m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Foulsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Foulsham, and where 18 FOUNDRY CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 18 FOUNDRY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Foulsham.

18 FOUNDRY CLOSE: Plot and Title Map

18 FOUNDRY CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 18 FOUNDRY 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 18 FOUNDRY 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 18 FOUNDRY CLOSE?

18 FOUNDRY CLOSE is located in FOULSHAM, in the NR20 postcode district. The below map shows the position of No. 18 on FOUNDRY CLOSE.