59B, MARSHGATE, NORTH WALSHAM, NR28 9LF - £239,250

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

59B MARSHGATE is a small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £231,638. It was last sold for £239,250 in June 2023, which was around 45% below the average June 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.

59B MARSHGATE Sold Prices

Land registry data shows two sales for 59B 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 59B 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 JUN	£239,250	£434,715	45% below HPI
1998 10 JUL	£71,950	£85,357	16% below HPI

59B 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 59B MARSHGATE sales from July 1998 and June 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 July 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 59B MARSHGATE be worth now?

59B MARSHGATE might now be worth an estimated £231,638.

This is based on house price deflation of 3.2%, between June 2023 and December 2024, 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 3.2% deflationary decrease is applied to the most recent sale price for 59B MARSHGATE of £239,250 on 26th June 2023. For the value to have decreased from £239,250 to £231,638 over the six months to December 2024, the following assumptions must hold true:

• The value of 59B MARSHGATE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2023 sale price of £239,250 represented a fair market value for the property.
• The size, condition, and specification of 59B MARSHGATE has not materially changed since June 2023.

How Large is 59B MARSHGATE?

59B MARSHGATE is 82m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 59B MARSHGATE lies on this distribution: 26% of detached houses houses are smaller than 59B MARSHGATE, and 72% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

59B MARSHGATE: Plot and Title Map

59B MARSHGATE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 59B 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 59B 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 59B MARSHGATE?

59B MARSHGATE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 59B on MARSHGATE.