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

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

THISTLEDEW is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £295,000 in October 2023, which was around 32% 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	£436,323	32% below HPI
2018 3 AUG	£176,000	£355,919	51% below HPI
2000 21 SEP	£74,500	£109,576	32% below HPI
1997 4 APR	£50,000	£71,956	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 32% below the HPI. The line then continues to track at 32% below the HPI.

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 in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where THISTLEDEW lies on this distribution: 29% of detached 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.