14, LANCASTER RISE, MUNDESLEY, NORWICH, NR11 8JE - £222,000

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 LANCASTER RISE is a large extended detached house of 142m², built sometime between 1991 and 1995. It was last sold for £222,000 in March 2013, which was around 9% below the average March 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

14 LANCASTER RISE Sold Prices

Land registry data shows two sales for 14 LANCASTER RISE 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 14 LANCASTER RISE sales was for below the average price, whilst the other was for above 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
2013 22 MAR	£222,000	£244,566	9% below HPI
2001 5 NOV	£142,000	£131,823	8% above HPI

14 LANCASTER RISE 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 14 LANCASTER RISE sales from November 2001 and March 2013 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 November 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2013 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 14 LANCASTER RISE?

14 LANCASTER RISE is 142m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 30% 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 LANCASTER RISE lies on this distribution: 76% of detached houses are smaller than 14 LANCASTER RISE, and 24% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

14 LANCASTER RISE: Plot and Title Map

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

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