14, FAIRFIELD CLOSE, MUNDESLEY, NORWICH, NR11 8BZ - £300,000

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

14 FAIRFIELD CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £300,000 in May 2022, which was around 29% below the average May 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

14 FAIRFIELD CLOSE Sold Prices

Land registry data shows four sales for 14 FAIRFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 14 FAIRFIELD 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
2022 25 MAY	£300,000	£423,902	29% below HPI
2017 7 FEB	£199,999	£318,001	37% below HPI
1996 3 JUL	£54,000	£68,001	21% below HPI
1995 16 MAR	£53,000	£71,484	26% below HPI

14 FAIRFIELD 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 four 14 FAIRFIELD CLOSE sales between March 1995 and May 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 February 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 14 FAIRFIELD CLOSE?

14 FAIRFIELD CLOSE is 73m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 14 FAIRFIELD CLOSE lies on this distribution: 14% of detached houses are smaller than 14 FAIRFIELD CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

14 FAIRFIELD CLOSE: Plot and Title Map

14 FAIRFIELD CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 14 FAIRFIELD 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 14 FAIRFIELD 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 14 FAIRFIELD CLOSE?

14 FAIRFIELD CLOSE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 14 on FAIRFIELD CLOSE.