13, TEXEL WAY, MUNDESLEY, NORWICH, NR11 8DP - £385,000

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

13 TEXEL WAY is a midsized extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £385,000 in October 2022, which was around 10% below the average October 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

13 TEXEL WAY Sold Prices

Land registry data shows three sales for 13 TEXEL WAY 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 13 TEXEL WAY 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 6 OCT	£385,000	£429,331	10% below HPI
2014 25 APR	£196,000	£257,461	24% below HPI
2012 3 AUG	£160,000	£234,648	32% below HPI

13 TEXEL WAY 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 13 TEXEL WAY sales between August 2012 and October 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 April 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 13 TEXEL WAY?

13 TEXEL WAY is 96m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 13 TEXEL WAY lies on this distribution: 45% of detached houses are smaller than 13 TEXEL WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

13 TEXEL WAY: Plot and Title Map

13 TEXEL WAY sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 13 TEXEL WAY, 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 13 TEXEL WAY). 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 13 TEXEL WAY?

13 TEXEL WAY is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 13 on TEXEL WAY.