42, RYE CLOSE, NORTH WALSHAM, NR28 9EY - £190,000

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

42 RYE CLOSE is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £190,000 in March 2019, which was around 45% below the average March 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

42 RYE CLOSE Sold Prices

Land registry data shows three sales for 42 RYE 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 42 RYE 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
2019 22 MAR	£190,000	£347,563	45% below HPI
2008 26 AUG	£169,000	£246,709	31% below HPI
2003 28 FEB	£129,950	£178,073	27% below HPI

42 RYE 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 42 RYE CLOSE sales between February 2003 and March 2019 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 August 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 42 RYE CLOSE?

42 RYE CLOSE is 94m² according to the EPC inspection conducted in July 2018. 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 42 RYE CLOSE lies on this distribution: 40% of detached houses are smaller than 42 RYE CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

42 RYE CLOSE: Plot and Title Map

42 RYE CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 42 RYE 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 42 RYE 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 42 RYE CLOSE?

42 RYE CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 42 on RYE CLOSE.