12A, MEADOW DRIVE, MUNDESLEY, NORWICH, NR11 8LN - £435,000

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.

12A MEADOW DRIVE is a midsized extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £516,529. It was last sold for £435,000 in January 2020, which was around 22% above the average January 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

12A MEADOW DRIVE Sold Prices

Land registry data shows two sales for 12A MEADOW 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. One of the two 12A MEADOW DRIVE sales was for above the average price, whilst the other was 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
2020 9 JAN	£435,000	£355,287	22% above HPI
2009 24 APR	£200,000	£218,977	9% below HPI

12A MEADOW 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 12A MEADOW DRIVE sales from April 2009 and January 2020 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 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 12A MEADOW DRIVE be worth now?

12A MEADOW DRIVE might now be worth an estimated £516,529.

This is based on house price inflation of 18.7%, between January 2020 and June 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 18.7% inflationary increase is applied to the most recent sale price for 12A MEADOW DRIVE of £435,000 on 9th January 2020. For the value to have increased from £435,000 to £516,529 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 12A MEADOW DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 12A MEADOW DRIVE has not materially changed since January 2020.

How Large is 12A MEADOW DRIVE?

12A MEADOW DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% 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 12A MEADOW DRIVE lies on this distribution: 53% of detached houses houses are smaller than 12A MEADOW DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

12A MEADOW DRIVE: Plot and Title Map

12A MEADOW DRIVE sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 12A MEADOW 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 12A MEADOW 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 12A MEADOW DRIVE?

12A MEADOW DRIVE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 12A on MEADOW DRIVE.