4, SMEDLEY CLOSE, NORTH WALSHAM, NR28 0FL - £365,000

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 SMEDLEY CLOSE is a large detached house of 116m². It was last sold for £365,000 in November 2021, which was around 8% below the average November 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

4 SMEDLEY CLOSE Sold Prices

Land registry data shows two sales for 4 SMEDLEY 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 4 SMEDLEY 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
2021 25 NOV	£365,000	£398,854	8% below HPI
2019 1 FEB	£284,995	£349,463	18% below HPI

4 SMEDLEY 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 4 SMEDLEY CLOSE sales from February 2019 and November 2021 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 February 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 4 SMEDLEY CLOSE?

4 SMEDLEY CLOSE is 116m² according to the EPC inspection conducted in December 2018. This puts it in the largest 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 4 SMEDLEY CLOSE lies on this distribution: 68% of detached houses are smaller than 4 SMEDLEY CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

4 SMEDLEY CLOSE: Plot and Title Map

4 SMEDLEY CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 4 SMEDLEY 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 SMEDLEY 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 SMEDLEY CLOSE?

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