12, NORTHMEAD DRIVE, NORTH WALSHAM, NR28 0AU - £113,000

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

12 NORTHMEAD DRIVE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £113,000 in March 2009, which was around 47% below the average March 2009 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

12 NORTHMEAD DRIVE Sold Prices

Land registry data shows two sales for 12 NORTHMEAD DRIVE 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 12 NORTHMEAD DRIVE 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
2009 20 MAR	£113,000	£213,989	47% below HPI
1996 27 SEP	£49,000	£69,055	29% below HPI

12 NORTHMEAD DRIVE 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 12 NORTHMEAD DRIVE sales from September 1996 and March 2009 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 September 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2009 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 12 NORTHMEAD DRIVE?

12 NORTHMEAD DRIVE is 72m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where 12 NORTHMEAD DRIVE lies on this distribution: 14% of detached houses are smaller than 12 NORTHMEAD DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

12 NORTHMEAD DRIVE: Plot and Title Map

12 NORTHMEAD DRIVE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 12 NORTHMEAD DRIVE, 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 NORTHMEAD DRIVE). 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 NORTHMEAD DRIVE?

12 NORTHMEAD DRIVE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 12 on NORTHMEAD DRIVE.