3, WRIGHTS CLOSE, NORTH WALSHAM, NR28 0WG - £167,000

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 WRIGHTS CLOSE is a small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £167,000 in August 2012, which was around 29% below the average August 2012 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

3 WRIGHTS CLOSE Sold Prices

Land registry data shows four sales for 3 WRIGHTS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 3 WRIGHTS 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
2012 6 AUG	£167,000	£234,648	29% below HPI
2006 12 DEC	£169,000	£237,993	29% below HPI
2003 28 NOV	£142,500	£186,412	24% below HPI
2000 16 JUN	£78,950	£105,679	25% below HPI

3 WRIGHTS 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 four 3 WRIGHTS CLOSE sales between June 2000 and August 2012 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2012 sale, which was also at 29% below the HPI.

How Large is 3 WRIGHTS CLOSE?

3 WRIGHTS CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% 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 WRIGHTS CLOSE lies on this distribution: 26% of detached houses are smaller than 3 WRIGHTS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

3 WRIGHTS CLOSE: Plot and Title Map

3 WRIGHTS CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 3 WRIGHTS 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 WRIGHTS 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 WRIGHTS CLOSE?

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