16, MAYFIELD WAY, NORTH WALSHAM, NR28 0DQ - £220,000

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

16 MAYFIELD WAY is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £220,000 in December 2015, which was around 25% below the average December 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

16 MAYFIELD WAY Sold Prices

Land registry data shows three sales for 16 MAYFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 16 MAYFIELD 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 11 DEC	£220,000	£295,013	25% below HPI
1998 6 OCT	£77,950	£83,663	7% below HPI
1997 29 DEC	£75,000	£79,392	6% below HPI

16 MAYFIELD 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 three 16 MAYFIELD WAY sales between December 1997 and December 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 October 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 MAYFIELD WAY?

16 MAYFIELD WAY is 83m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where 16 MAYFIELD WAY lies on this distribution: 27% of detached houses are smaller than 16 MAYFIELD WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

16 MAYFIELD WAY: Plot and Title Map

16 MAYFIELD WAY sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 16 MAYFIELD 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 16 MAYFIELD 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 16 MAYFIELD WAY?

16 MAYFIELD WAY is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 16 on MAYFIELD WAY.