5, FOUNDRY CLOSE, NORTHREPPS, CROMER, NR27 0JZ - £125,500

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 detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £269,368. It was last sold for £125,500 in February 2004, which was around 37% below the average February 2004 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

5 FOUNDRY CLOSE Sold Prices

Land registry data shows two sales for 5 FOUNDRY 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 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
2004 16 FEB	£125,500	£200,720	37% below HPI
2001 20 JUL	£71,000	£124,740	43% below HPI

5 FOUNDRY 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 FOUNDRY CLOSE sales from July 2001 and February 2004 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 July 2001 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2004 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 5 FOUNDRY CLOSE be worth now?

5 FOUNDRY CLOSE might now be worth an estimated £269,368.

This is based on house price inflation of 114.6%, between February 2004 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 114.6% inflationary increase is applied to the most recent sale price for 5 FOUNDRY CLOSE of £125,500 on 16th February 2004. For the value to have increased from £125,500 to £269,368 over the 21 years 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 North Norfolk local authority area.
• The February 2004 sale price of £125,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FOUNDRY CLOSE has not materially changed since February 2004.

How Large is 5 FOUNDRY CLOSE?

5 FOUNDRY CLOSE is 105m² according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of detached houses houses in Northrepps, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northrepps, and where 5 FOUNDRY CLOSE lies on this distribution: 52% of detached houses houses are smaller than 5 FOUNDRY CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Northrepps.

5 FOUNDRY CLOSE: Plot and Title Map

5 FOUNDRY CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². 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 NORTHREPPS, in the NR27 postcode district. The below map shows the position of No. 5 on FOUNDRY CLOSE.