5, SHARON CLOSE, FELMINGHAM, NORTH WALSHAM, NR28 0LJ - £220,000

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 SHARON CLOSE is a midsized detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £345,429. It was last sold for £220,000 in June 2015, which was around 20% below the average June 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

5 SHARON CLOSE Sold Prices

Land registry data shows three sales for 5 SHARON 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 SHARON 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
2015 26 JUN	£220,000	£274,383	20% below HPI
2008 2 APR	£210,000	£247,150	15% below HPI
1997 20 OCT	£58,500	£78,754	26% below HPI

5 SHARON 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 SHARON CLOSE sales between October 1997 and June 2015 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 April 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 SHARON CLOSE be worth now?

5 SHARON CLOSE might now be worth an estimated £345,429.

This is based on house price inflation of 57%, between June 2015 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 57% inflationary increase is applied to the most recent sale price for 5 SHARON CLOSE of £220,000 on 26th June 2015. For the value to have increased from £220,000 to £345,429 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 5 SHARON CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2015 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHARON CLOSE has not materially changed since June 2015.

How Large is 5 SHARON CLOSE?

5 SHARON CLOSE is 106m² according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses houses in Felmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Felmingham, and where 5 SHARON CLOSE lies on this distribution: 59% of detached houses houses are smaller than 5 SHARON CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Felmingham.

5 SHARON CLOSE: Plot and Title Map

5 SHARON CLOSE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 5 SHARON 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 SHARON 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 SHARON CLOSE?

5 SHARON CLOSE is located in FELMINGHAM, in the NR28 postcode district. The below map shows the position of No. 5 on SHARON CLOSE.