THISTLEDEW, GROVE ROAD, NORTH WALSHAM, NR28 9ED - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THISTLEDEW is a small extended detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £283,479. It was last sold for £295,000 in October 2023, which was around 33% below the average October 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

THISTLEDEW Sold Prices

Land registry data shows four sales for THISTLEDEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four THISTLEDEW 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
2023 18 OCT	£295,000	£437,989	33% below HPI
2018 3 AUG	£176,000	£359,364	51% below HPI
2000 21 SEP	£74,500	£110,637	33% below HPI
1997 4 APR	£50,000	£72,653	31% below HPI

THISTLEDEW 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 four THISTLEDEW sales between April 1997 and October 2023 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 2018 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might THISTLEDEW be worth now?

THISTLEDEW might now be worth an estimated £283,479.

This is based on house price deflation of 3.9%, between October 2023 and December 2024, 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 3.9% deflationary decrease is applied to the most recent sale price for THISTLEDEW of £295,000 on 18th October 2023. For the value to have decreased from £295,000 to £283,479 over the ten months to December 2024, the following assumptions must hold true:

• The value of THISTLEDEW has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of THISTLEDEW has not materially changed since October 2023.

How Large is THISTLEDEW?

THISTLEDEW is 85m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where THISTLEDEW lies on this distribution: 29% of detached houses houses are smaller than THISTLEDEW, and 70% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

THISTLEDEW: Plot and Title Map

THISTLEDEW sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of THISTLEDEW, 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 THISTLEDEW). 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 THISTLEDEW?

THISTLEDEW is located on GROVE ROAD in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of THISTLEDEW on GROVE ROAD.