7, OSBORNE CLOSE, NORTH WALSHAM, NR28 0SX - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 OSBORNE CLOSE is a very small detached house of 45m², built sometime between 1976 and 1982. It was last sold for £200,000 in September 2022, which was around 55% below the average September 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

7 OSBORNE CLOSE Sold Prices

Land registry data shows three sales for 7 OSBORNE 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 7 OSBORNE 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
2022 30 SEP	£200,000	£443,591	55% below HPI
2004 7 SEP	£121,000	£219,900	45% below HPI
2001 2 APR	£60,000	£115,807	48% below HPI

7 OSBORNE 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 7 OSBORNE CLOSE sales between April 2001 and September 2022 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 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2022 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 7 OSBORNE CLOSE?

7 OSBORNE CLOSE is 45m² according to the EPC inspection conducted in March 2022. 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 7 OSBORNE CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 7 OSBORNE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

7 OSBORNE CLOSE: Plot and Title Map

7 OSBORNE CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 7 OSBORNE 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 7 OSBORNE 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 7 OSBORNE CLOSE?

7 OSBORNE CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 7 on OSBORNE CLOSE.