17, NORTHMEAD DRIVE, NORTH WALSHAM, NR28 0AU - £225,000

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

17 NORTHMEAD DRIVE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £277,991. It was last sold for £225,000 in December 2017, which was around 34% below the average December 2017 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.

17 NORTHMEAD DRIVE Sold Prices

Land registry data shows two sales for 17 NORTHMEAD 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 17 NORTHMEAD DRIVE 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
2017 15 DEC	£225,000	£340,655	34% below HPI
2016 5 JUL	£160,000	£307,801	48% below HPI

17 NORTHMEAD 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 17 NORTHMEAD DRIVE sales from July 2016 and December 2017 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 July 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2017 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 17 NORTHMEAD DRIVE be worth now?

17 NORTHMEAD DRIVE might now be worth an estimated £277,991.

This is based on house price inflation of 23.6%, between December 2017 and December 2024, 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 23.6% inflationary increase is applied to the most recent sale price for 17 NORTHMEAD DRIVE of £225,000 on 15th December 2017. For the value to have increased from £225,000 to £277,991 over the seven years to December 2024, the following assumptions must hold true:

• The value of 17 NORTHMEAD DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2017 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 17 NORTHMEAD DRIVE has not materially changed since December 2017.

How Large is 17 NORTHMEAD DRIVE?

17 NORTHMEAD DRIVE is 64m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 17 NORTHMEAD DRIVE lies on this distribution: 7% of detached houses houses are smaller than 17 NORTHMEAD DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

17 NORTHMEAD DRIVE: Plot and Title Map

17 NORTHMEAD DRIVE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 17 NORTHMEAD 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 17 NORTHMEAD 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 17 NORTHMEAD DRIVE?

17 NORTHMEAD DRIVE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 17 on NORTHMEAD DRIVE.