8, HIGHFIELD CLOSE, GREAT RYBURGH, FAKENHAM, NR21 7AT - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 HIGHFIELD CLOSE is a very small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £331,062. It was last sold for £325,000 in January 2022, which was around 23% below the average January 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

8 HIGHFIELD CLOSE Sold Prices

Land registry data shows three sales for 8 HIGHFIELD 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 8 HIGHFIELD 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 20 JAN	£325,000	£422,929	23% below HPI
2001 31 AUG	£105,000	£126,635	17% below HPI
1997 15 AUG	£67,500	£75,152	10% below HPI

8 HIGHFIELD 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 8 HIGHFIELD CLOSE sales between August 1997 and January 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 August 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 HIGHFIELD CLOSE be worth now?

8 HIGHFIELD CLOSE might now be worth an estimated £331,062.

This is based on house price inflation of 1.9%, between January 2022 and February 2025, 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 1.9% inflationary increase is applied to the most recent sale price for 8 HIGHFIELD CLOSE of £325,000 on 20th January 2022. For the value to have increased from £325,000 to £331,062 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 HIGHFIELD CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HIGHFIELD CLOSE has not materially changed since January 2022.

How Large is 8 HIGHFIELD CLOSE?

8 HIGHFIELD CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses houses in Great Ryburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Ryburgh, and where 8 HIGHFIELD CLOSE lies on this distribution: 11% of detached houses houses are smaller than 8 HIGHFIELD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Great Ryburgh.

8 HIGHFIELD CLOSE: Plot and Title Map

8 HIGHFIELD CLOSE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 8 HIGHFIELD 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 8 HIGHFIELD 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 8 HIGHFIELD CLOSE?

8 HIGHFIELD CLOSE is located in GREAT RYBURGH, in the NR21 postcode district. The below map shows the position of No. 8 on HIGHFIELD CLOSE.