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

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 ORCHARD CLOSE is a very small detached house of 55m², built sometime between 1996 and 2002. It was last sold for £300,000 in July 2022, which was around 30% 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	£431,331	30% below HPI
2021 20 JAN	£265,000	£376,042	30% below HPI
2020 21 AUG	£210,000	£353,478	41% below HPI
2020 19 JUN	£209,000	£336,640	38% below HPI
2007 31 OCT	£195,000	£259,868	25% below HPI
2001 22 JUN	£82,000	£122,606	33% 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, which was also at 30% below the HPI.

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 in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 10 ORCHARD CLOSE lies on this distribution: 4% of detached 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.