2, GUNNER CLOSE, MUNDESLEY, NORWICH, NR11 8FE - £282,000

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

2 GUNNER CLOSE is a midsized detached house of 94m², built sometime from 2007 onwards. It was last sold for £282,000 in February 2016, which was around 4% below the average February 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

2 GUNNER CLOSE Sold Prices

Land registry data shows three sales for 2 GUNNER CLOSE 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 2 GUNNER CLOSE 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
2016 9 FEB	£282,000	£294,213	4% below HPI
2014 24 MAR	£248,000	£252,583	2% below HPI
2010 14 APR	£192,500	£239,469	20% below HPI

2 GUNNER CLOSE 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 2 GUNNER CLOSE sales between April 2010 and February 2016 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 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 2 GUNNER CLOSE?

2 GUNNER CLOSE is 94m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 2 GUNNER CLOSE lies on this distribution: 43% of detached houses are smaller than 2 GUNNER CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

2 GUNNER CLOSE: Plot and Title Map

2 GUNNER CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 GUNNER CLOSE, 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 GUNNER CLOSE). 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 GUNNER CLOSE?

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