6, MORRISON CLOSE, NORTH WALSHAM, NR28 0HY - £277,500

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 MORRISON CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £274,551. It was last sold for £277,500 in September 2024, which was around 35% below the average September 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

6 MORRISON CLOSE Sold Prices

Land registry data shows three sales for 6 MORRISON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 6 MORRISON 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
2024 20 SEP	£277,500	£425,405	35% below HPI
2006 13 APR	£180,000	£225,994	20% below HPI
2001 23 MAR	£87,000	£117,950	26% below HPI

6 MORRISON 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 three 6 MORRISON CLOSE sales between March 2001 and September 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 April 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 6 MORRISON CLOSE be worth now?

6 MORRISON CLOSE might now be worth an estimated £274,551.

This is based on house price deflation of 1.1%, between September 2024 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 1.1% deflationary decrease is applied to the most recent sale price for 6 MORRISON CLOSE of £277,500 on 20th September 2024. For the value to have decreased from £277,500 to £274,551 over the nine months to December 2024, the following assumptions must hold true:

• The value of 6 MORRISON CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2024 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 6 MORRISON CLOSE has not materially changed since September 2024.

How Large is 6 MORRISON CLOSE?

6 MORRISON CLOSE is 74m² according to the EPC inspection conducted in January 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 MORRISON CLOSE lies on this distribution: 16% of detached houses houses are smaller than 6 MORRISON CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

6 MORRISON CLOSE: Plot and Title Map

6 MORRISON CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 6 MORRISON 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 MORRISON 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 MORRISON CLOSE?

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