7, PRIORY CLOSE, BEESTON REGIS, SHERINGHAM, NR26 8SL - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 PRIORY CLOSE is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £285,000 in January 2021, which was around 24% below the average January 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

7 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 7 PRIORY CLOSE 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 7 PRIORY 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
2021 5 JAN	£285,000	£376,042	24% below HPI
2016 1 NOV	£215,000	£309,009	30% below HPI

7 PRIORY 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 two 7 PRIORY CLOSE sales from November 2016 and January 2021 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 November 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 PRIORY CLOSE?

7 PRIORY CLOSE is 67m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Beeston Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston Regis, and where 7 PRIORY CLOSE lies on this distribution: 10% of detached houses are smaller than 7 PRIORY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Beeston Regis.

7 PRIORY CLOSE: Plot and Title Map

7 PRIORY CLOSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 7 PRIORY 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 PRIORY 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 PRIORY CLOSE?

7 PRIORY CLOSE is located in BEESTON REGIS, in the NR26 postcode district. The below map shows the position of No. 7 on PRIORY CLOSE.