12, GORSE CLOSE, MUNDESLEY, NORWICH, NR11 8JZ - £370,000

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.

12 GORSE CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £374,616. It was last sold for £370,000 in January 2025, which was around 13% below the average January 2025 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

12 GORSE CLOSE Sold Prices

Land registry data shows three sales for 12 GORSE CLOSE 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 12 GORSE 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
2025 22 JAN	£370,000	£425,509	13% below HPI
2017 20 OCT	£282,000	£339,187	17% below HPI
2016 2 SEP	£200,000	£312,327	36% below HPI

12 GORSE 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 three 12 GORSE CLOSE sales between September 2016 and January 2025 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 October 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2025 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12 GORSE CLOSE be worth now?

12 GORSE CLOSE might now be worth an estimated £374,616.

This is based on house price inflation of 1.2%, between January 2025 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 1.2% inflationary increase is applied to the most recent sale price for 12 GORSE CLOSE of £370,000 on 22nd January 2025. For the value to have increased from £370,000 to £374,616 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 12 GORSE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2025 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GORSE CLOSE has not materially changed since January 2025.

How Large is 12 GORSE CLOSE?

12 GORSE CLOSE is 74m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% 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 12 GORSE CLOSE lies on this distribution: 14% of detached houses houses are smaller than 12 GORSE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

12 GORSE CLOSE: Plot and Title Map

12 GORSE CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 12 GORSE 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 12 GORSE 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 12 GORSE CLOSE?

12 GORSE CLOSE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 12 on GORSE CLOSE.