10, ORCHARD CLOSE, MUNDESLEY, NORWICH, NR11 8AZ - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 ORCHARD CLOSE is a very small detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £296,770. It was last sold for £300,000 in July 2022, which was around 31% below the average July 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

10 ORCHARD CLOSE Sold Prices

Land registry data shows six sales for 10 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the six 10 ORCHARD CLOSE 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
2022 25 JUL	£300,000	£435,506	31% below HPI
2021 20 JAN	£265,000	£379,682	30% below HPI
2020 21 AUG	£210,000	£356,899	41% below HPI
2020 19 JUN	£209,000	£339,898	39% below HPI
2007 31 OCT	£195,000	£262,384	26% below HPI
2001 22 JUN	£82,000	£123,792	34% below HPI

10 ORCHARD CLOSE 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 six 10 ORCHARD CLOSE sales between June 2001 and July 2022 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 January 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 10 ORCHARD CLOSE be worth now?

10 ORCHARD CLOSE might now be worth an estimated £296,770.

This is based on house price deflation of 1.1%, between July 2022 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% deflationary decrease is applied to the most recent sale price for 10 ORCHARD CLOSE of £300,000 on 25th July 2022. For the value to have decreased from £300,000 to £296,770 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 10 ORCHARD CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 10 ORCHARD CLOSE has not materially changed since July 2022.

How Large is 10 ORCHARD CLOSE?

10 ORCHARD CLOSE is 55m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mundesley, and where 10 ORCHARD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 10 ORCHARD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

10 ORCHARD CLOSE: Plot and Title Map

10 ORCHARD CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 10 ORCHARD CLOSE, 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 ORCHARD CLOSE). 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 ORCHARD CLOSE?

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