16A, MILLFIELD ROAD, NORTH WALSHAM, NR28 0EB - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16A MILLFIELD ROAD is a very small detached house of 73m². It was last sold for £315,000 in May 2024, which was around 23% below the average May 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

16A MILLFIELD ROAD Sold Prices

Land registry data shows two sales for 16A MILLFIELD ROAD 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 16A MILLFIELD ROAD 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
2024 10 MAY	£315,000	£409,851	23% below HPI
2020 2 SEP	£242,000	£374,049	35% below HPI

16A MILLFIELD ROAD 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 16A MILLFIELD ROAD sales from September 2020 and May 2024 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 September 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16A MILLFIELD ROAD?

16A MILLFIELD ROAD is 73m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% 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 16A MILLFIELD ROAD lies on this distribution: 14% of detached houses are smaller than 16A MILLFIELD ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

16A MILLFIELD ROAD: Plot and Title Map

16A MILLFIELD ROAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 16A MILLFIELD ROAD, 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 16A MILLFIELD ROAD). 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 16A MILLFIELD ROAD?

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