5A, MARSHGATE, NORTH WALSHAM, NR28 9EE - £230,000

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

5A MARSHGATE is a small extended semi-detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £226,471. It was last sold for £230,000 in March 2024, which was around 19% below the average March 2024 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

5A MARSHGATE Sold Prices

Land registry data shows two sales for 5A MARSHGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 5A 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
2024 25 MAR	£230,000	£283,082	19% below HPI
2020 10 JUN	£165,000	£221,310	25% below HPI

5A MARSHGATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 5A MARSHGATE sales from June 2020 and March 2024 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 June 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5A MARSHGATE be worth now?

5A MARSHGATE might now be worth an estimated £226,471.

This is based on house price deflation of 1.5%, between March 2024 and December 2024, for semi-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 1.5% deflationary decrease is applied to the most recent sale price for 5A MARSHGATE of £230,000 on 25th March 2024. For the value to have decreased from £230,000 to £226,471 over the three months to December 2024, the following assumptions must hold true:

• The value of 5A MARSHGATE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The March 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 5A MARSHGATE has not materially changed since March 2024.

How Large is 5A MARSHGATE?

5A MARSHGATE is 89m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of semi-detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Walsham, and where 5A MARSHGATE lies on this distribution: 35% of semi-detached houses houses are smaller than 5A MARSHGATE, and 63% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

5A MARSHGATE: Plot and Title Map

5A MARSHGATE sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of 5A 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 5A 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 5A MARSHGATE?

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