2, MAYFIELD WAY, NORTH WALSHAM, NR28 0DQ - £280,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 MAYFIELD WAY is a large extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £280,000 in October 2023, which was around 35% below the average October 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 MAYFIELD WAY Sold Prices

Land registry data shows three sales for 2 MAYFIELD WAY 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 MAYFIELD WAY 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
2023 26 OCT	£280,000	£433,790	35% below HPI
2016 8 FEB	£255,000	£294,213	13% below HPI
1999 18 JUN	£78,000	£85,272	9% below HPI

2 MAYFIELD 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 three 2 MAYFIELD WAY sales between June 1999 and October 2023 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 February 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 MAYFIELD WAY?

2 MAYFIELD WAY is 119m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 30% 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 2 MAYFIELD WAY lies on this distribution: 72% of detached houses are smaller than 2 MAYFIELD WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

2 MAYFIELD WAY: Plot and Title Map

2 MAYFIELD WAY sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 2 MAYFIELD 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 MAYFIELD 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 MAYFIELD WAY?

2 MAYFIELD WAY is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 2 on MAYFIELD WAY.