14, MEADOW DRIVE, MUNDESLEY, NORWICH, NR11 8LN - £475,000

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 MEADOW DRIVE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £475,000 in March 2022, which was around 12% above the average March 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

14 MEADOW DRIVE Sold Prices

Land registry data shows six sales for 14 MEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. The six 14 MEADOW DRIVE sales were a mix of above the average price, roughly equal to the average price, and 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 24 MAR	£475,000	£423,590	12% above HPI
2019 17 DEC	£323,000	£353,699	9% below HPI
2019 31 OCT	£321,750	£355,649	10% below HPI
2012 18 OCT	£200,000	£243,526	18% below HPI
2007 25 JUN	£240,000	£241,149	Close to HPI
2005 11 FEB	£210,000	£205,767	2% above HPI

14 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 six 14 MEADOW DRIVE sales between February 2005 and March 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 December 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 14 MEADOW DRIVE?

14 MEADOW DRIVE is 70m² according to the EPC inspection conducted in October 2014. 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 MEADOW DRIVE lies on this distribution: 11% of detached houses are smaller than 14 MEADOW DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

14 MEADOW DRIVE: Plot and Title Map

14 MEADOW DRIVE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 14 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 14 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 14 MEADOW DRIVE?

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