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

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.

42 RYE CLOSE is a small detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £233,254. It was last sold for £190,000 in March 2019, which was around 46% 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	£350,928	46% below HPI
2008 26 AUG	£169,000	£249,097	32% below HPI
2003 28 FEB	£129,950	£179,797	28% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 42 RYE CLOSE be worth now?

42 RYE CLOSE might now be worth an estimated £233,254.

This is based on house price inflation of 22.8%, between March 2019 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 22.8% inflationary increase is applied to the most recent sale price for 42 RYE CLOSE of £190,000 on 22nd March 2019. For the value to have increased from £190,000 to £233,254 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 42 RYE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The March 2019 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 42 RYE CLOSE has not materially changed since March 2019.

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 houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 42 RYE CLOSE lies on this distribution: 40% of detached houses 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.