5, OAKLANDS PARK, NORTH WALSHAM, NR28 0AG - £360,000

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 OAKLANDS PARK is a midsized detached house of 103m², built sometime between 1996 and 2002. It was last sold for £360,000 in February 2022, which was around 16% below the average February 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

5 OAKLANDS PARK Sold Prices

Land registry data shows three sales for 5 OAKLANDS PARK 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 OAKLANDS PARK 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 21 FEB	£360,000	£426,083	16% below HPI
2021 3 JUN	£270,000	£386,352	30% below HPI
2003 29 APR	£175,000	£176,594	1% below HPI

5 OAKLANDS PARK 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 OAKLANDS PARK sales between April 2003 and February 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 June 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 OAKLANDS PARK?

5 OAKLANDS PARK is 103m² according to the EPC inspection conducted in October 2022. This puts it in the largest 50% 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 OAKLANDS PARK lies on this distribution: 52% of detached houses are smaller than 5 OAKLANDS PARK, and 46% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

5 OAKLANDS PARK: Plot and Title Map

5 OAKLANDS PARK sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 5 OAKLANDS PARK, 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 OAKLANDS PARK). 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 OAKLANDS PARK?

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