11, MELTON ROAD, HINDOLVESTON, DEREHAM, NR20 5DB - £280,000

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

11 MELTON ROAD is a very small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £280,000 in May 2018, which was around 17% below the average May 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

11 MELTON ROAD Sold Prices

Land registry data shows two sales for 11 MELTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 11 MELTON 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
2018 4 MAY	£280,000	£338,983	17% below HPI
2017 13 APR	£195,000	£316,870	38% below HPI

11 MELTON 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 two 11 MELTON ROAD sales from April 2017 and May 2018 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 April 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 11 MELTON ROAD?

11 MELTON ROAD is 87m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Hindolveston, based on EPC data. The below chart shows the distribution of detached houses by size in Hindolveston, and where 11 MELTON ROAD lies on this distribution: 9% of detached houses are smaller than 11 MELTON ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Hindolveston.

11 MELTON ROAD: Plot and Title Map

11 MELTON ROAD sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 11 MELTON 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 11 MELTON 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 11 MELTON ROAD?

11 MELTON ROAD is located in HINDOLVESTON, in the NR20 postcode district. The below map shows the position of No. 11 on MELTON ROAD.