22, SHARON CLOSE, FELMINGHAM, NORTH WALSHAM, NR28 0LJ - £218,000

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.

22 SHARON CLOSE is a small extended detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £249,998. It was last sold for £218,000 in August 2021, which was around 42% below the average August 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

22 SHARON CLOSE Sold Prices

Land registry data shows three sales for 22 SHARON 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 22 SHARON 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 27 AUG	£218,000	£375,676	42% below HPI
2004 3 DEC	£152,500	£220,182	31% below HPI
1998 22 JUL	£55,000	£85,357	36% below HPI

22 SHARON 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 22 SHARON CLOSE sales between July 1998 and August 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 December 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 22 SHARON CLOSE be worth now?

22 SHARON CLOSE might now be worth an estimated £249,998.

This is based on house price inflation of 14.7%, between August 2021 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 14.7% inflationary increase is applied to the most recent sale price for 22 SHARON CLOSE of £218,000 on 27th August 2021. For the value to have increased from £218,000 to £249,998 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 22 SHARON CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2021 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SHARON CLOSE has not materially changed since August 2021.

How Large is 22 SHARON CLOSE?

22 SHARON CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses houses in Felmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Felmingham, and where 22 SHARON CLOSE lies on this distribution: 24% of detached houses houses are smaller than 22 SHARON CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Felmingham.

22 SHARON CLOSE: Plot and Title Map

22 SHARON CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 22 SHARON 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 22 SHARON 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 22 SHARON CLOSE?

22 SHARON CLOSE is located in FELMINGHAM, in the NR28 postcode district. The below map shows the position of No. 22 on SHARON CLOSE.