15, MEADOW DRIVE, MUNDESLEY, NORWICH, NR11 8LN - £550,000

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

15 MEADOW DRIVE is a very large detached house of 223m², built sometime between 1967 and 1975. It was last sold for £550,000 in April 2021, which was around 48% above the average April 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

15 MEADOW DRIVE Sold Prices

Land registry data shows two sales for 15 MEADOW DRIVE 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 15 MEADOW DRIVE sales were 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
2021 23 APR	£550,000	£371,133	48% above HPI
2013 29 NOV	£420,000	£251,526	67% above HPI

15 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 two 15 MEADOW DRIVE sales from November 2013 and April 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 November 2013 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the April 2021 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 15 MEADOW DRIVE?

15 MEADOW DRIVE is 223m² according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 15 MEADOW DRIVE lies on this distribution: 97% of detached houses are smaller than 15 MEADOW DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

15 MEADOW DRIVE: Plot and Title Map

15 MEADOW DRIVE sits on a plot of roughly 0.482 of an acre, or 1,952m². The below map shows the location of 15 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 15 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 15 MEADOW DRIVE?

15 MEADOW DRIVE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 15 on MEADOW DRIVE.