1, HAWTHORN RISE, MUNDESLEY, NORWICH, NR11 8JY - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HAWTHORN RISE is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £215,000 in December 2019, which was around 39% below the average December 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

1 HAWTHORN RISE Sold Prices

Land registry data shows two sales for 1 HAWTHORN 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 1 HAWTHORN 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
2019 10 DEC	£215,000	£353,699	39% below HPI
1999 5 FEB	£49,000	£84,420	42% below HPI

1 HAWTHORN 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 1 HAWTHORN RISE sales from February 1999 and December 2019 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 February 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2019 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 HAWTHORN RISE?

1 HAWTHORN RISE is 54m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 1 HAWTHORN RISE lies on this distribution: 3% of detached houses are smaller than 1 HAWTHORN RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

1 HAWTHORN RISE: Plot and Title Map

1 HAWTHORN RISE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 1 HAWTHORN 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 1 HAWTHORN 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 1 HAWTHORN RISE?

1 HAWTHORN RISE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 1 on HAWTHORN RISE.