14, WELLINGTON CLOSE, MUNDESLEY, NORWICH, NR11 8JF - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 WELLINGTON CLOSE is a small extended detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £315,586. It was last sold for £295,000 in November 2021, which was around 27% below the average November 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

14 WELLINGTON CLOSE Sold Prices

Land registry data shows two sales for 14 WELLINGTON CLOSE 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. Both of the two 14 WELLINGTON 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
2021 26 NOV	£295,000	£402,715	27% below HPI
1996 29 OCT	£54,500	£70,357	23% below HPI

14 WELLINGTON 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 two 14 WELLINGTON CLOSE sales from October 1996 and November 2021 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 October 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 14 WELLINGTON CLOSE be worth now?

14 WELLINGTON CLOSE might now be worth an estimated £315,586.

This is based on house price inflation of 7%, between November 2021 and February 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 7% inflationary increase is applied to the most recent sale price for 14 WELLINGTON CLOSE of £295,000 on 26th November 2021. For the value to have increased from £295,000 to £315,586 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 WELLINGTON CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WELLINGTON CLOSE has not materially changed since November 2021.

How Large is 14 WELLINGTON CLOSE?

14 WELLINGTON CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% 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 14 WELLINGTON CLOSE lies on this distribution: 35% of detached houses houses are smaller than 14 WELLINGTON CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

14 WELLINGTON CLOSE: Plot and Title Map

14 WELLINGTON CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 14 WELLINGTON 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 WELLINGTON 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 WELLINGTON CLOSE?

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