4, GRANGE CLOSE, LUDHAM, GREAT YARMOUTH, NR29 5PZ - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 GRANGE CLOSE is a midsized detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £328,055. It was last sold for £325,000 in April 2022, which was around 24% below the average April 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.

4 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 4 GRANGE 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 4 GRANGE 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
2022 7 APR	£325,000	£426,805	24% below HPI
2018 27 APR	£282,000	£344,040	18% below HPI
2013 15 NOV	£220,000	£253,961	13% below HPI

4 GRANGE 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 4 GRANGE CLOSE sales between November 2013 and April 2022 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 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 GRANGE CLOSE be worth now?

4 GRANGE CLOSE might now be worth an estimated £328,055.

This is based on house price inflation of 0.9%, between April 2022 and February 2025, 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 0.9% inflationary increase is applied to the most recent sale price for 4 GRANGE CLOSE of £325,000 on 7th April 2022. For the value to have increased from £325,000 to £328,055 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 4 GRANGE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The April 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRANGE CLOSE has not materially changed since April 2022.

How Large is 4 GRANGE CLOSE?

4 GRANGE CLOSE is 117m² according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of detached houses houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludham, and where 4 GRANGE CLOSE lies on this distribution: 56% of detached houses houses are smaller than 4 GRANGE CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Ludham.

4 GRANGE CLOSE: Plot and Title Map

4 GRANGE CLOSE sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of 4 GRANGE 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 GRANGE 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 GRANGE CLOSE?

4 GRANGE CLOSE is located in LUDHAM, in the NR29 postcode district. The below map shows the position of No. 4 on GRANGE CLOSE.