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 SPRINGFIELD CLOSE is a midsized extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £450,000 in May 2021, which was around 20% above the average May 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 4 SPRINGFIELD CLOSE since 1st 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. Most of the four 4 SPRINGFIELD 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 24 MAY | £450,000 | £376,519 | 20% above HPI |
2016 20 MAY | £270,000 | £302,331 | 11% below HPI |
2008 4 JAN | £244,950 | £260,212 | 6% below HPI |
2000 20 DEC | £82,000 | £109,249 | 25% below HPI |
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 SPRINGFIELD CLOSE sales between December 2000 and May 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 May 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
4 SPRINGFIELD CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Weybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Weybourne, and where 4 SPRINGFIELD CLOSE lies on this distribution: 41% of detached houses are smaller than 4 SPRINGFIELD CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Weybourne.
4 SPRINGFIELD CLOSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 4 SPRINGFIELD 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 SPRINGFIELD 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.
4 SPRINGFIELD CLOSE is located in WEYBOURNE, in the NR25 postcode district. The below map shows the position of No. 4 on SPRINGFIELD CLOSE.