3, ORCHARD CLOSE, NORTH WALSHAM, NR28 0AZ - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 ORCHARD CLOSE is a large extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £245,000 in April 2014, which was around 5% below the average April 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

3 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 3 ORCHARD 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 3 ORCHARD 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
2014 24 APR	£245,000	£257,461	5% below HPI
2004 30 JUL	£154,000	£209,312	26% below HPI

3 ORCHARD 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 3 ORCHARD CLOSE sales from July 2004 and April 2014 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 July 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 ORCHARD CLOSE?

3 ORCHARD CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% 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 3 ORCHARD CLOSE lies on this distribution: 64% of detached houses are smaller than 3 ORCHARD CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

3 ORCHARD CLOSE: Plot and Title Map

3 ORCHARD CLOSE sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 3 ORCHARD 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 3 ORCHARD 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 3 ORCHARD CLOSE?

3 ORCHARD CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 3 on ORCHARD CLOSE.