5, OSTEND PLACE, WALCOTT, NORWICH, NR12 0NJ - £165,000

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 OSTEND PLACE is a small extended detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £197,957. It was last sold for £165,000 in October 2019, which was around 54% below the average October 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

5 OSTEND PLACE Sold Prices

Land registry data shows two sales for 5 OSTEND PLACE 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 OSTEND PLACE 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
2019 11 OCT	£165,000	£359,092	54% below HPI
2013 14 FEB	£95,000	£240,893	61% below HPI

5 OSTEND PLACE 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 OSTEND PLACE sales from February 2013 and October 2019 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 February 2013 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the October 2019 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 5 OSTEND PLACE be worth now?

5 OSTEND PLACE might now be worth an estimated £197,957.

This is based on house price inflation of 20%, between October 2019 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 20% inflationary increase is applied to the most recent sale price for 5 OSTEND PLACE of £165,000 on 11th October 2019. For the value to have increased from £165,000 to £197,957 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 OSTEND PLACE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OSTEND PLACE has not materially changed since October 2019.

How Large is 5 OSTEND PLACE?

5 OSTEND PLACE is 68m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walcott, and where 5 OSTEND PLACE lies on this distribution: 31% of detached houses houses are smaller than 5 OSTEND PLACE, and 67% of houses are larger. Note that EPC data is not available for all properties in Walcott.

5 OSTEND PLACE: Plot and Title Map

5 OSTEND PLACE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 5 OSTEND PLACE, 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 OSTEND PLACE). 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 OSTEND PLACE?

5 OSTEND PLACE is located in WALCOTT, in the NR12 postcode district. The below map shows the position of No. 5 on OSTEND PLACE.