5, COUSENS CLOSE, NORTH WALSHAM, NR28 0FW - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 COUSENS CLOSE is a small detached house of 91m², which could now be worth an estimated £339,824. It was last sold for £350,000 in October 2022, which was around 19% below the average October 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

5 COUSENS CLOSE Sold Prices

Land registry data shows two sales for 5 COUSENS 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 5 COUSENS 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 31 OCT	£350,000	£433,487	19% below HPI
2018 19 JAN	£259,995	£335,960	23% below HPI

5 COUSENS 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 5 COUSENS CLOSE sales from January 2018 and October 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 January 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 COUSENS CLOSE be worth now?

5 COUSENS CLOSE might now be worth an estimated £339,824.

This is based on house price deflation of 2.9%, between October 2022 and December 2024, 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 2.9% deflationary decrease is applied to the most recent sale price for 5 COUSENS CLOSE of £350,000 on 31st October 2022. For the value to have decreased from £350,000 to £339,824 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 5 COUSENS CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COUSENS CLOSE has not materially changed since October 2022.

How Large is 5 COUSENS CLOSE?

5 COUSENS CLOSE is 91m² according to the EPC inspection conducted in December 2017. 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 5 COUSENS CLOSE lies on this distribution: 37% of detached houses houses are smaller than 5 COUSENS CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

5 COUSENS CLOSE: Plot and Title Map

5 COUSENS CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 5 COUSENS 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 5 COUSENS 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 5 COUSENS CLOSE?

5 COUSENS CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 5 on COUSENS CLOSE.