38, RYE CLOSE, NORTH WALSHAM, NR28 9EY - £166,500

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.

38 RYE CLOSE is a small extended semi-detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £291,771. It was last sold for £166,500 in August 2006, which was around 7% above the average August 2006 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

38 RYE CLOSE Sold Prices

Land registry data shows four sales for 38 RYE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 38 RYE CLOSE sales were for above 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
2006 9 AUG	£166,500	£155,119	7% above HPI
2002 1 MAR	£91,000	£88,223	3% above HPI
1997 30 JUN	£48,000	£47,201	2% above HPI
1996 1 MAR	£48,000	£41,843	15% above HPI

38 RYE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 38 RYE CLOSE sales between March 1996 and August 2006 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 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2006 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 38 RYE CLOSE be worth now?

38 RYE CLOSE might now be worth an estimated £291,771.

This is based on house price inflation of 75.2%, between August 2006 and May 2026, for semi-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 75.2% inflationary increase is applied to the most recent sale price for 38 RYE CLOSE of £166,500 on 9th August 2006. For the value to have increased from £166,500 to £291,771 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of 38 RYE CLOSE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The August 2006 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 38 RYE CLOSE has not materially changed since August 2006.

How Large is 38 RYE CLOSE?

38 RYE CLOSE is 94m², which includes three extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of semi-detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Walsham, and where 38 RYE CLOSE lies on this distribution: 39% of semi-detached houses houses are smaller than 38 RYE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

38 RYE CLOSE: Plot and Title Map

38 RYE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 38 RYE 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 38 RYE 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 38 RYE CLOSE?

38 RYE CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 38 on RYE CLOSE.