2, NORTHMEAD DRIVE, NORTH WALSHAM, NR28 0AU - £219,950

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

2 NORTHMEAD DRIVE is a small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £344,143. It was last sold for £219,950 in September 2014, which was around 18% below the average September 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

2 NORTHMEAD DRIVE Sold Prices

Land registry data shows three sales for 2 NORTHMEAD DRIVE 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 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
2014 19 SEP	£219,950	£268,997	18% below HPI
2000 20 DEC	£82,000	£110,306	26% below HPI
1999 16 JUL	£65,000	£85,583	24% below HPI

2 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 three 2 NORTHMEAD DRIVE sales between July 1999 and September 2014 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 December 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 NORTHMEAD DRIVE be worth now?

2 NORTHMEAD DRIVE might now be worth an estimated £344,143.

This is based on house price inflation of 56.5%, between September 2014 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 56.5% inflationary increase is applied to the most recent sale price for 2 NORTHMEAD DRIVE of £219,950 on 19th September 2014. For the value to have increased from £219,950 to £344,143 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 NORTHMEAD DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2014 sale price of £219,950 represented a fair market value for the property.
• The size, condition, and specification of 2 NORTHMEAD DRIVE has not materially changed since September 2014.

How Large is 2 NORTHMEAD DRIVE?

2 NORTHMEAD DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% 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 2 NORTHMEAD DRIVE lies on this distribution: 37% of detached houses houses are smaller than 2 NORTHMEAD DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

2 NORTHMEAD DRIVE: Plot and Title Map

2 NORTHMEAD DRIVE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 2 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 2 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 2 NORTHMEAD DRIVE?

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