5, OSBORNE CLOSE, NORTH WALSHAM, NR28 0SX - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 OSBORNE CLOSE is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £155,000 in May 2014, which was around 41% below the average May 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

5 OSBORNE CLOSE Sold Prices

Land registry data shows four sales for 5 OSBORNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 5 OSBORNE 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
2014 2 MAY	£155,000	£261,605	41% below HPI
2012 23 AUG	£140,000	£234,648	40% below HPI
2001 24 MAY	£75,000	£117,625	36% below HPI
2000 22 AUG	£66,500	£107,519	38% below HPI

5 OSBORNE 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 four 5 OSBORNE CLOSE sales between August 2000 and May 2014 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 August 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2014 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 5 OSBORNE CLOSE?

5 OSBORNE CLOSE is 55m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% 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 OSBORNE CLOSE lies on this distribution: 1% of detached houses are smaller than 5 OSBORNE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

5 OSBORNE CLOSE: Plot and Title Map

5 OSBORNE CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 5 OSBORNE 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 OSBORNE 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 OSBORNE CLOSE?

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