2, BIRCH CLOSE, NORTH WALSHAM, NR28 0UD - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 BIRCH CLOSE is a small detached house of 92m², built sometime between 1991 and 1995. It was last sold for £215,000 in November 2019, which was around 40% below the average November 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

2 BIRCH CLOSE Sold Prices

Land registry data shows five sales for 2 BIRCH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 2 BIRCH 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
2019 7 NOV	£215,000	£358,965	40% below HPI
2019 22 JUL	£230,000	£351,903	35% below HPI
2011 15 DEC	£173,500	£239,019	27% below HPI
2001 25 MAY	£90,000	£117,625	23% below HPI
2000 31 MAR	£81,500	£96,687	16% below HPI

2 BIRCH 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 five 2 BIRCH CLOSE sales between March 2000 and November 2019 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 July 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 BIRCH CLOSE?

2 BIRCH CLOSE is 92m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where 2 BIRCH CLOSE lies on this distribution: 38% of detached houses are smaller than 2 BIRCH CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

2 BIRCH CLOSE: Plot and Title Map

2 BIRCH CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 BIRCH 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 2 BIRCH 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 2 BIRCH CLOSE?

2 BIRCH CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 2 on BIRCH CLOSE.