2, BECKMEADOW WAY, MUNDESLEY, NORWICH, NR11 8LP - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BECKMEADOW WAY is a large extended detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £519,173. It was last sold for £525,000 in August 2022, which was around 21% above the average August 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

2 BECKMEADOW WAY Sold Prices

Land registry data shows two sales for 2 BECKMEADOW 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. One of the two 2 BECKMEADOW WAY sales was for above the average price, whilst the other was 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
2022 15 AUG	£525,000	£435,652	21% above HPI
2005 19 AUG	£185,000	£229,399	19% below HPI

2 BECKMEADOW 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 2 BECKMEADOW WAY sales from August 2005 and August 2022 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 August 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 2 BECKMEADOW WAY be worth now?

2 BECKMEADOW WAY might now be worth an estimated £519,173.

This is based on house price deflation of 1.1%, between August 2022 and February 2025, 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 1.1% deflationary decrease is applied to the most recent sale price for 2 BECKMEADOW WAY of £525,000 on 15th August 2022. For the value to have decreased from £525,000 to £519,173 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 2 BECKMEADOW WAY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BECKMEADOW WAY has not materially changed since August 2022.

How Large is 2 BECKMEADOW WAY?

2 BECKMEADOW WAY is 128m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mundesley, and where 2 BECKMEADOW WAY lies on this distribution: 70% of detached houses houses are smaller than 2 BECKMEADOW WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

2 BECKMEADOW WAY: Plot and Title Map

2 BECKMEADOW WAY sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of 2 BECKMEADOW 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 2 BECKMEADOW 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 2 BECKMEADOW WAY?

2 BECKMEADOW WAY is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 2 on BECKMEADOW WAY.