3, SIMPSON CLOSE, NORTH WALSHAM, NR28 0HZ - £198,000

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 SIMPSON CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £198,000 in October 2015, which was around 34% below the average October 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

3 SIMPSON CLOSE Sold Prices

Land registry data shows three sales for 3 SIMPSON 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 3 SIMPSON 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
2015 9 OCT	£198,000	£298,998	34% below HPI
2004 2 NOV	£180,000	£215,087	16% below HPI
1996 26 JUL	£59,500	£68,001	13% below HPI

3 SIMPSON 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 3 SIMPSON CLOSE sales between July 1996 and October 2015 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 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 SIMPSON CLOSE?

3 SIMPSON CLOSE is 77m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 SIMPSON CLOSE lies on this distribution: 19% of detached houses are smaller than 3 SIMPSON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

3 SIMPSON CLOSE: Plot and Title Map

3 SIMPSON CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 3 SIMPSON 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 SIMPSON 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 SIMPSON CLOSE?

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