1, VICTORIA ROAD, MUNDESLEY, NORWICH, NR11 8JG - £260,000

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 VICTORIA ROAD is a very small extended detached house of 70m², built sometime between 1900 and 1929. It was last sold for £260,000 in May 2015, which was around 4% below the average May 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

1 VICTORIA ROAD Sold Prices

Land registry data shows three sales for 1 VICTORIA ROAD 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 1 VICTORIA ROAD 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
2015 1 MAY	£260,000	£271,039	4% below HPI
2009 7 AUG	£175,000	£223,716	22% below HPI
1997 31 OCT	£56,000	£77,999	28% below HPI

1 VICTORIA ROAD 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 1 VICTORIA ROAD sales between October 1997 and May 2015 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 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 VICTORIA ROAD?

1 VICTORIA ROAD is 70m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% 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 VICTORIA ROAD lies on this distribution: 11% of detached houses are smaller than 1 VICTORIA ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

1 VICTORIA ROAD: Plot and Title Map

1 VICTORIA ROAD sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 1 VICTORIA ROAD, 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 VICTORIA ROAD). 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 VICTORIA ROAD?

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