8, MARSHGATE, NORTH WALSHAM, NR28 9EE - £245,000

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

8 MARSHGATE is a midsized extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £245,000 in May 2019, which was around 28% below the average May 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

8 MARSHGATE Sold Prices

Land registry data shows three sales for 8 MARSHGATE 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 MARSHGATE 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
2019 17 MAY	£245,000	£341,995	28% below HPI
2007 11 OCT	£139,000	£259,868	47% below HPI
2004 19 MAR	£115,000	£195,139	41% below HPI

8 MARSHGATE 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 MARSHGATE sales between March 2004 and May 2019 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 October 2007 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 MARSHGATE?

8 MARSHGATE is 97m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% 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 8 MARSHGATE lies on this distribution: 43% of detached houses are smaller than 8 MARSHGATE, and 55% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

8 MARSHGATE: Plot and Title Map

8 MARSHGATE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 8 MARSHGATE, 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 MARSHGATE). 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 MARSHGATE?

8 MARSHGATE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 8 on MARSHGATE.