6, ALDER CLOSE, NORTH WALSHAM, NR28 0UT - £160,000

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

6 ALDER CLOSE is a very small detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £271,325. It was last sold for £160,000 in August 2013, which was around 36% below the average August 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

6 ALDER CLOSE Sold Prices

Land registry data shows four sales for 6 ALDER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 6 ALDER 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
2013 16 AUG	£160,000	£248,195	36% below HPI
2004 7 SEP	£156,000	£222,029	30% below HPI
1998 20 MAR	£63,000	£79,894	21% below HPI
1997 3 MAR	£57,375	£72,192	21% below HPI

6 ALDER 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 four 6 ALDER CLOSE sales between March 1997 and August 2013 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 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 6 ALDER CLOSE be worth now?

6 ALDER CLOSE might now be worth an estimated £271,325.

This is based on house price inflation of 69.6%, between August 2013 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 69.6% inflationary increase is applied to the most recent sale price for 6 ALDER CLOSE of £160,000 on 16th August 2013. For the value to have increased from £160,000 to £271,325 over the ten years and eight months to December 2024, the following assumptions must hold true:

• The value of 6 ALDER CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2013 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ALDER CLOSE has not materially changed since August 2013.

How Large is 6 ALDER CLOSE?

6 ALDER CLOSE is 75m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% 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 6 ALDER CLOSE lies on this distribution: 18% of detached houses houses are smaller than 6 ALDER CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

6 ALDER CLOSE: Plot and Title Map

6 ALDER CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 6 ALDER 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 6 ALDER 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 6 ALDER CLOSE?

6 ALDER CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 6 on ALDER CLOSE.