10, ALEXANDER RISE, MUNDESLEY, NORWICH, NR11 8EN - £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

10 ALEXANDER RISE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £315,000 in December 2017, which was around 7% below the average December 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

10 ALEXANDER RISE Sold Prices

Land registry data shows five sales for 10 ALEXANDER RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the five 10 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
2017 1 DEC	£315,000	£337,389	7% below HPI
2017 26 MAY	£249,000	£315,797	21% below HPI
2005 29 JUN	£227,450	£219,648	4% above HPI
2001 20 AUG	£138,500	£125,421	10% above HPI
1995 20 JAN	£75,450	£79,173	5% below HPI

10 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 five 10 ALEXANDER RISE sales between January 1995 and December 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 May 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 10 ALEXANDER RISE?

10 ALEXANDER RISE is 87m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 10 ALEXANDER RISE lies on this distribution: 35% of detached houses are smaller than 10 ALEXANDER RISE, and 64% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

10 ALEXANDER RISE: Plot and Title Map

10 ALEXANDER RISE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 10 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 10 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 10 ALEXANDER RISE?

10 ALEXANDER RISE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 10 on ALEXANDER RISE.