45, MARSHGATE, NORTH WALSHAM, NR28 9LF - £325,000

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.

45 MARSHGATE is a very large extended detached house of 192m², built sometime before 1900, which could now be worth an estimated £451,620. It was last sold for £325,000 in July 2016, which was around 6% above the average July 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

45 MARSHGATE Sold Prices

Land registry data shows three sales for 45 MARSHGATE 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 45 MARSHGATE 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
2016 22 JUL	£325,000	£307,801	6% above HPI
2010 22 OCT	£320,000	£248,812	29% above HPI
2007 23 JUL	£270,000	£246,394	10% above HPI

45 MARSHGATE 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 45 MARSHGATE sales between July 2007 and July 2016 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 October 2010 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2016 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 45 MARSHGATE be worth now?

45 MARSHGATE might now be worth an estimated £451,620.

This is based on house price inflation of 39%, between July 2016 and July 2025, for 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 39% inflationary increase is applied to the most recent sale price for 45 MARSHGATE of £325,000 on 22nd July 2016. For the value to have increased from £325,000 to £451,620 over the nine years to July 2025, the following assumptions must hold true:

• The value of 45 MARSHGATE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 45 MARSHGATE has not materially changed since July 2016.

How Large is 45 MARSHGATE?

45 MARSHGATE is 192m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 45 MARSHGATE lies on this distribution: 97% of detached houses houses are smaller than 45 MARSHGATE, and 3% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

45 MARSHGATE: Plot and Title Map

45 MARSHGATE sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of 45 MARSHGATE, 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 45 MARSHGATE). 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 45 MARSHGATE?

45 MARSHGATE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 45 on MARSHGATE.