1A, HEATH LANE, MUNDESLEY, NORWICH, NR11 8JP - £416,000

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

1A HEATH LANE is a large extended detached house of 132m², built sometime between 1976 and 1982. It was last sold for £416,000 in January 2021, which was around 11% above the average January 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

1A HEATH LANE Sold Prices

Land registry data shows two sales for 1A HEATH LANE 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 1A HEATH LANE 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 5 JAN	£416,000	£376,042	11% above HPI
2008 25 MAR	£270,000	£249,395	8% above HPI

1A HEATH LANE 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 1A HEATH LANE sales from March 2008 and January 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 March 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 1A HEATH LANE?

1A HEATH LANE is 132m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 1A HEATH LANE lies on this distribution: 71% of detached houses are smaller than 1A HEATH LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

1A HEATH LANE: Plot and Title Map

1A HEATH LANE sits on a plot of roughly 0.197 of an acre, or 795m². The below map shows the location of 1A HEATH LANE, 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 1A HEATH LANE). 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 1A HEATH LANE?

1A HEATH LANE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 1A on HEATH LANE.