55, MARSHGATE, NORTH WALSHAM, NR28 9LF - £100,000

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

55 MARSHGATE is a very small extended detached house of 60m², built sometime before 1900. It was last sold for £100,000 in October 2023, which was around 77% below the average October 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was F, and the potential energy rating was B.

55 MARSHGATE Sold Prices

Land registry data shows two sales for 55 MARSHGATE 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 55 MARSHGATE 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
2023 26 OCT	£100,000	£436,323	77% below HPI
2003 23 SEP	£80,000	£184,081	57% below HPI

55 MARSHGATE 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 55 MARSHGATE sales from September 2003 and October 2023 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 September 2003 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the October 2023 sale, where it falls to 77% below the HPI. The line then continues to track at 77% below the HPI.

How Large is 55 MARSHGATE?

55 MARSHGATE is 60m², which includes two extensions, according to the EPC inspection conducted in July 2023. 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 55 MARSHGATE lies on this distribution: 4% of detached houses are smaller than 55 MARSHGATE, and 95% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

55 MARSHGATE: Plot and Title Map

55 MARSHGATE sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 55 MARSHGATE, 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 55 MARSHGATE). 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 55 MARSHGATE?

55 MARSHGATE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 55 on MARSHGATE.