21, FAIRFIELD CLOSE, MUNDESLEY, NORWICH, NR11 8BZ - £225,000

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

21 FAIRFIELD CLOSE is a small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £225,000 in April 2017, which was around 29% below the average April 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

21 FAIRFIELD CLOSE Sold Prices

Land registry data shows two sales for 21 FAIRFIELD CLOSE 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 21 FAIRFIELD 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
2017 21 APR	£225,000	£316,870	29% below HPI
2004 26 AUG	£189,000	£217,854	13% below HPI

21 FAIRFIELD 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 two 21 FAIRFIELD CLOSE sales from August 2004 and April 2017 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 21 FAIRFIELD CLOSE?

21 FAIRFIELD CLOSE is 79m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 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 21 FAIRFIELD CLOSE lies on this distribution: 24% of detached houses are smaller than 21 FAIRFIELD CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

21 FAIRFIELD CLOSE: Plot and Title Map

21 FAIRFIELD CLOSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 21 FAIRFIELD 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 21 FAIRFIELD 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 21 FAIRFIELD CLOSE?

21 FAIRFIELD CLOSE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 21 on FAIRFIELD CLOSE.