9, PETRE CLOSE, NORTH WALSHAM, NR28 0SS - £225,000

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

9 PETRE CLOSE is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £225,000 in April 2017, which was around 29% below the average April 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

9 PETRE CLOSE Sold Prices

Land registry data shows two sales for 9 PETRE 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 9 PETRE 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
2017 6 APR	£225,000	£316,870	29% below HPI
2004 2 SEP	£169,000	£219,900	23% below HPI

9 PETRE 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 9 PETRE CLOSE sales from September 2004 and April 2017 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 9 PETRE CLOSE?

9 PETRE CLOSE is 94m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% 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 9 PETRE CLOSE lies on this distribution: 40% of detached houses are smaller than 9 PETRE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

9 PETRE CLOSE: Plot and Title Map

9 PETRE CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 9 PETRE 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 9 PETRE 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 9 PETRE CLOSE?

9 PETRE CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 9 on PETRE CLOSE.