22, YOUNGMANS CLOSE, NORTH WALSHAM, NR28 9JQ - £292,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 YOUNGMANS CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £287,110. It was last sold for £292,000 in August 2024, which was around 32% below the average August 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

22 YOUNGMANS CLOSE Sold Prices

Land registry data shows two sales for 22 YOUNGMANS 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 22 YOUNGMANS 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
2024 16 AUG	£292,000	£428,052	32% below HPI
1996 29 NOV	£66,000	£72,523	9% below HPI

22 YOUNGMANS 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 22 YOUNGMANS CLOSE sales from November 1996 and August 2024 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 November 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 22 YOUNGMANS CLOSE be worth now?

22 YOUNGMANS CLOSE might now be worth an estimated £287,110.

This is based on house price deflation of 1.7%, between August 2024 and December 2024, 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 1.7% deflationary decrease is applied to the most recent sale price for 22 YOUNGMANS CLOSE of £292,000 on 16th August 2024. For the value to have decreased from £292,000 to £287,110 over the eight months to December 2024, the following assumptions must hold true:

• The value of 22 YOUNGMANS CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2024 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 22 YOUNGMANS CLOSE has not materially changed since August 2024.

How Large is 22 YOUNGMANS CLOSE?

22 YOUNGMANS CLOSE is 74m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 22 YOUNGMANS CLOSE lies on this distribution: 16% of detached houses houses are smaller than 22 YOUNGMANS CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

22 YOUNGMANS CLOSE: Plot and Title Map

22 YOUNGMANS CLOSE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 22 YOUNGMANS 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 YOUNGMANS 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 YOUNGMANS CLOSE?

22 YOUNGMANS CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 22 on YOUNGMANS CLOSE.