2, SHEPHERD CLOSE, SHERINGHAM, NR26 8AS - £272,500

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.

2 SHEPHERD CLOSE is a very small detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £498,908. It was last sold for £272,500 in January 2011, which was around 16% above the average January 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

2 SHEPHERD CLOSE Sold Prices

Land registry data shows two sales for 2 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 2 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
2011 18 JAN	£272,500	£235,309	16% above HPI
2004 2 SEP	£258,990	£222,029	17% above HPI

2 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 2 SHEPHERD CLOSE sales from September 2004 and January 2011 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 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2011 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 SHEPHERD CLOSE be worth now?

2 SHEPHERD CLOSE might now be worth an estimated £498,908.

This is based on house price inflation of 83.1%, between January 2011 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 83.1% inflationary increase is applied to the most recent sale price for 2 SHEPHERD CLOSE of £272,500 on 18th January 2011. For the value to have increased from £272,500 to £498,908 over the thirteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 SHEPHERD CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2011 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SHEPHERD CLOSE has not materially changed since January 2011.

How Large is 2 SHEPHERD CLOSE?

2 SHEPHERD CLOSE is 78m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% 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 2 SHEPHERD CLOSE lies on this distribution: 13% of detached houses houses are smaller than 2 SHEPHERD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

2 SHEPHERD CLOSE: Plot and Title Map

2 SHEPHERD CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 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 2 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 2 SHEPHERD CLOSE?

2 SHEPHERD CLOSE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 2 on SHEPHERD CLOSE.