44, RYE CLOSE, NORTH WALSHAM, NR28 9EY - £153,000

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.

44 RYE CLOSE is a small semi-detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £267,731. It was last sold for £153,000 in August 2012, which was around 2% below the average August 2012 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

44 RYE CLOSE Sold Prices

Land registry data shows two sales for 44 RYE 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 North Norfolk local authority area for the corresponding sale date. Both of the two 44 RYE 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
2012 2 AUG	£153,000	£155,341	2% below HPI
2010 28 JAN	£142,500	£156,192	9% below HPI

44 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 two 44 RYE CLOSE sales from January 2010 and August 2012 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 January 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2012 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 44 RYE CLOSE be worth now?

44 RYE CLOSE might now be worth an estimated £267,731.

This is based on house price inflation of 75%, between August 2012 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% inflationary increase is applied to the most recent sale price for 44 RYE CLOSE of £153,000 on 2nd August 2012. For the value to have increased from £153,000 to £267,731 over the fourteen years and three months to May 2026, the following assumptions must hold true:

• The value of 44 RYE CLOSE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The August 2012 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 44 RYE CLOSE has not materially changed since August 2012.

How Large is 44 RYE CLOSE?

44 RYE CLOSE is 79m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 30% 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 44 RYE CLOSE lies on this distribution: 23% of semi-detached houses houses are smaller than 44 RYE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

44 RYE CLOSE: Plot and Title Map

44 RYE CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 44 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 44 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 44 RYE CLOSE?

44 RYE CLOSE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 44 on RYE CLOSE.