4, ALDER CLOSE, NORTH WALSHAM, NR28 0UT - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 ALDER CLOSE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £295,000 in September 2023, which was around 32% below the average September 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

4 ALDER CLOSE Sold Prices

Land registry data shows four sales for 4 ALDER 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 4 ALDER 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
2023 22 SEP	£295,000	£435,144	32% below HPI
2019 12 DEC	£222,500	£353,699	37% below HPI
2019 26 JUL	£235,000	£351,903	33% below HPI
1997 5 FEB	£59,950	£71,484	16% below HPI

4 ALDER 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 4 ALDER CLOSE sales between February 1997 and September 2023 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 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 ALDER CLOSE?

4 ALDER CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 4 ALDER CLOSE lies on this distribution: 38% of detached houses are smaller than 4 ALDER CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

4 ALDER CLOSE: Plot and Title Map

4 ALDER CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 4 ALDER 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 4 ALDER 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 4 ALDER CLOSE?

4 ALDER CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 4 on ALDER CLOSE.