1, TASMAN DRIVE, MUNDESLEY, NORWICH, NR11 8XH - £315,000

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 TASMAN DRIVE is a large detached house of 115m², built sometime between 1996 and 2002. It was last sold for £315,000 in October 2017, which was around 6% below the average October 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

1 TASMAN DRIVE Sold Prices

Land registry data shows four sales for 1 TASMAN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the four 1 TASMAN DRIVE 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
2017 17 OCT	£315,000	£335,936	6% below HPI
2016 30 AUG	£280,000	£307,279	9% below HPI
2005 15 AUG	£210,000	£227,200	8% below HPI
1996 25 OCT	£72,950	£69,682	5% above HPI

1 TASMAN DRIVE 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 four 1 TASMAN DRIVE sales between October 1996 and October 2017 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 August 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 TASMAN DRIVE?

1 TASMAN DRIVE is 115m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% 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 TASMAN DRIVE lies on this distribution: 61% of detached houses are smaller than 1 TASMAN DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

1 TASMAN DRIVE: Plot and Title Map

1 TASMAN DRIVE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 1 TASMAN DRIVE, 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 TASMAN DRIVE). 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 TASMAN DRIVE?

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