5, LITESTER CLOSE, NORTH WALSHAM, NR28 9JA - £435,000

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

5 LITESTER CLOSE is a large detached house of 120m², built sometime between 1967 and 1975. It was last sold for £435,000 in July 2023, which was around 2% below the average July 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

5 LITESTER CLOSE Sold Prices

Land registry data shows three sales for 5 LITESTER 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 5 LITESTER 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
2023 21 JUL	£435,000	£442,761	2% below HPI
2020 21 JAN	£340,000	£351,881	3% below HPI
2010 19 FEB	£199,950	£236,606	15% below HPI

5 LITESTER 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 5 LITESTER CLOSE sales between February 2010 and July 2023 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 2020 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5 LITESTER CLOSE?

5 LITESTER CLOSE is 120m² according to the EPC inspection conducted in May 2023. This puts it in the largest 30% 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 5 LITESTER CLOSE lies on this distribution: 73% of detached houses are smaller than 5 LITESTER CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

5 LITESTER CLOSE: Plot and Title Map

5 LITESTER CLOSE sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of 5 LITESTER 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 LITESTER 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 LITESTER CLOSE?

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