5, FOUNDRY CLOSE, FOULSHAM, DEREHAM, NR20 5TJ - £307,500

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.

5 FOUNDRY CLOSE is a midsized extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £356,874. It was last sold for £307,500 in June 2021, which was around 16% below the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

5 FOUNDRY CLOSE Sold Prices

Land registry data shows three sales for 5 FOUNDRY 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 Broadland local authority area for the corresponding sale date. All of the three 5 FOUNDRY 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 29 JUN	£307,500	£364,948	16% below HPI
2017 5 SEP	£230,000	£340,541	32% below HPI
2003 23 JAN	£123,500	£183,139	33% below HPI

5 FOUNDRY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 5 FOUNDRY CLOSE sales between January 2003 and June 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 September 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 FOUNDRY CLOSE be worth now?

5 FOUNDRY CLOSE might now be worth an estimated £356,874.

This is based on house price inflation of 16.1%, between June 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 5 FOUNDRY CLOSE of £307,500 on 29th June 2021. For the value to have increased from £307,500 to £356,874 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 FOUNDRY CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The June 2021 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FOUNDRY CLOSE has not materially changed since June 2021.

How Large is 5 FOUNDRY CLOSE?

5 FOUNDRY CLOSE is 108m², which includes three extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 50% of detached houses houses in Foulsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Foulsham, and where 5 FOUNDRY CLOSE lies on this distribution: 42% of detached houses houses are smaller than 5 FOUNDRY CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Foulsham.

5 FOUNDRY CLOSE: Plot and Title Map

5 FOUNDRY CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 5 FOUNDRY 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 FOUNDRY 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 FOUNDRY CLOSE?

5 FOUNDRY CLOSE is located in FOULSHAM, in the NR20 postcode district. The below map shows the position of No. 5 on FOUNDRY CLOSE.