2, OSBORNE CLOSE, NORTH WALSHAM, NR28 0SX - £234,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 OSBORNE CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £234,000 in September 2021, which was around 37% below the average September 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

2 OSBORNE CLOSE Sold Prices

Land registry data shows three sales for 2 OSBORNE 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 2 OSBORNE 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 30 SEP	£234,000	£369,836	37% below HPI
2021 28 JUN	£160,000	£386,352	59% below HPI
1996 4 NOV	£45,500	£71,828	37% below HPI

2 OSBORNE 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 2 OSBORNE CLOSE sales between November 1996 and September 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 June 2021 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the September 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 OSBORNE CLOSE?

2 OSBORNE CLOSE is 55m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% 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 OSBORNE CLOSE lies on this distribution: 1% of detached houses are smaller than 2 OSBORNE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

2 OSBORNE CLOSE: Plot and Title Map

2 OSBORNE CLOSE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 2 OSBORNE 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 OSBORNE 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 OSBORNE CLOSE?

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