24, WOOD VIEW, NORTH WALSHAM, NR28 0SJ - £225,000

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

24 WOOD VIEW is a very small detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £273,324. It was last sold for £225,000 in January 2019, which was around 35% below the average January 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

24 WOOD VIEW Sold Prices

Land registry data shows two sales for 24 WOOD VIEW 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 24 WOOD VIEW 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 25 JAN	£225,000	£346,471	35% below HPI
2017 20 APR	£220,000	£319,937	31% below HPI

24 WOOD VIEW 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 24 WOOD VIEW sales from April 2017 and January 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 April 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 24 WOOD VIEW be worth now?

24 WOOD VIEW might now be worth an estimated £273,324.

This is based on house price inflation of 21.5%, between January 2019 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 21.5% inflationary increase is applied to the most recent sale price for 24 WOOD VIEW of £225,000 on 25th January 2019. For the value to have increased from £225,000 to £273,324 over the four years and one month to December 2024, the following assumptions must hold true:

• The value of 24 WOOD VIEW has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WOOD VIEW has not materially changed since January 2019.

How Large is 24 WOOD VIEW?

24 WOOD VIEW is 77m² according to the EPC inspection conducted in October 2016. 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 24 WOOD VIEW lies on this distribution: 19% of detached houses houses are smaller than 24 WOOD VIEW, and 80% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

24 WOOD VIEW: Plot and Title Map

24 WOOD VIEW sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 24 WOOD VIEW, 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 24 WOOD VIEW). 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 24 WOOD VIEW?

24 WOOD VIEW is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 24 on WOOD VIEW.