3, ALEXANDER RISE, MUNDESLEY, NORWICH, NR11 8EN - £171,000

3 ALEXANDER RISE is a small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £171,000 in May 2011, which was around 28% below the average May 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

3 ALEXANDER RISE Sold Prices

Land registry data shows two sales for 3 ALEXANDER RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 3 ALEXANDER RISE 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
2011 25 MAY	£171,000	£239,083	28% below HPI
1998 19 MAY	£67,000	£84,049	20% below HPI

3 ALEXANDER RISE 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 two 3 ALEXANDER RISE sales from May 1998 and May 2011 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 May 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 ALEXANDER RISE?

3 ALEXANDER RISE is 78m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 3 ALEXANDER RISE lies on this distribution: 21% of detached houses are smaller than 3 ALEXANDER RISE, and 79% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

3 ALEXANDER RISE: Plot and Title Map

3 ALEXANDER RISE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 3 ALEXANDER RISE, 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 3 ALEXANDER RISE). 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 3 ALEXANDER RISE?

3 ALEXANDER RISE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 3 on ALEXANDER RISE.