2, SHEPHEARD CLOSE, NORTH WALSHAM, NR28 0LY - £178,000

2 SHEPHEARD CLOSE is a very small detached house of 50m², built sometime between 1976 and 1982. It was last sold for £178,000 in October 2020, which was around 54% below the average October 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

2 SHEPHEARD CLOSE Sold Prices

Land registry data shows three sales for 2 SHEPHEARD CLOSE 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 2 SHEPHEARD 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
2020 27 OCT	£178,000	£386,180	54% below HPI
2007 21 SEP	£169,950	£254,797	33% below HPI
2000 7 APR	£58,500	£101,907	43% below HPI

2 SHEPHEARD 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 three 2 SHEPHEARD CLOSE sales between April 2000 and October 2020 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 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2020 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 2 SHEPHEARD CLOSE?

2 SHEPHEARD CLOSE is 50m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 2 SHEPHEARD CLOSE lies on this distribution: 1% of detached houses are smaller than 2 SHEPHEARD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

2 SHEPHEARD CLOSE: Plot and Title Map

2 SHEPHEARD CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 2 SHEPHEARD 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 2 SHEPHEARD 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 2 SHEPHEARD CLOSE?

2 SHEPHEARD CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 2 on SHEPHEARD CLOSE.