5, WEAVERS CLOSE, NORTH WALSHAM, NR28 0NQ - £423,500

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 WEAVERS CLOSE is a very large detached house of 135m², built sometime between 2003 and 2006. It was last sold for £423,500 in June 2021, which was around 10% above the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.

5 WEAVERS CLOSE Sold Prices

Land registry data shows two sales for 5 WEAVERS CLOSE 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 WEAVERS CLOSE sales were for above 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
2021 11 JUN	£423,500	£386,352	10% above HPI
2006 19 DEC	£270,000	£237,993	13% above HPI

5 WEAVERS 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 two 5 WEAVERS CLOSE sales from December 2006 and June 2021 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 December 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 WEAVERS CLOSE?

5 WEAVERS CLOSE is 135m² according to the EPC inspection conducted in November 2020. This puts it in the largest 20% 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 WEAVERS CLOSE lies on this distribution: 84% of detached houses are smaller than 5 WEAVERS CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

5 WEAVERS CLOSE: Plot and Title Map

5 WEAVERS CLOSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 5 WEAVERS 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 WEAVERS 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 WEAVERS CLOSE?

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