15, TEXEL WAY, MUNDESLEY, NORWICH, NR11 8DP - £226,000

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 TEXEL WAY is a midsized detached house of 95m², built sometime between 1967 and 1975. It was last sold for £226,000 in April 2015, which was around 17% below the average April 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

15 TEXEL WAY Sold Prices

Land registry data shows two sales for 15 TEXEL WAY 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 TEXEL WAY 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
2015 14 APR	£226,000	£273,039	17% below HPI
2009 26 JUN	£175,000	£220,624	21% below HPI

15 TEXEL WAY 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 TEXEL WAY sales from June 2009 and April 2015 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 June 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2015 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 TEXEL WAY?

15 TEXEL WAY is 95m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% 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 TEXEL WAY lies on this distribution: 43% of detached houses are smaller than 15 TEXEL WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

15 TEXEL WAY: Plot and Title Map

15 TEXEL WAY sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 15 TEXEL WAY, 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 TEXEL WAY). 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 TEXEL WAY?

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