15, FOUNDRY CLOSE, FOULSHAM, DEREHAM, NR20 5TJ - £175,000

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.

15 FOUNDRY CLOSE is a very small semi-detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £213,895. It was last sold for £175,000 in November 2018, which was around 22% below the average November 2018 semi-detached price in the Broadland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

15 FOUNDRY CLOSE Sold Prices

Land registry data shows two sales for 15 FOUNDRY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. Both of the two 15 FOUNDRY 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
2018 15 NOV	£175,000	£223,572	22% below HPI
1995 24 MAR	£36,000	£45,012	20% below HPI

15 FOUNDRY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The two 15 FOUNDRY CLOSE sales from March 1995 and November 2018 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 March 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 FOUNDRY CLOSE be worth now?

15 FOUNDRY CLOSE might now be worth an estimated £213,895.

This is based on house price inflation of 22.2%, between November 2018 and March 2025, for semi-detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for 15 FOUNDRY CLOSE of £175,000 on 15th November 2018. For the value to have increased from £175,000 to £213,895 over the seven years and eight months to March 2025, the following assumptions must hold true:

• The value of 15 FOUNDRY CLOSE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The November 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FOUNDRY CLOSE has not materially changed since November 2018.

How Large is 15 FOUNDRY CLOSE?

15 FOUNDRY CLOSE is 75m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of semi-detached houses houses in Foulsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Foulsham, and where 15 FOUNDRY CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 15 FOUNDRY CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Foulsham.

15 FOUNDRY CLOSE: Plot and Title Map

15 FOUNDRY CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 15 FOUNDRY 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 15 FOUNDRY 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 15 FOUNDRY CLOSE?

15 FOUNDRY CLOSE is located in FOULSHAM, in the NR20 postcode district. The below map shows the position of No. 15 on FOUNDRY CLOSE.