27, MAYFIELD WAY, NORTH WALSHAM, NR28 0DQ - £220,000

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

27 MAYFIELD WAY is a small extended detached house of 85m², built sometime between 1991 and 1995. It was last sold for £220,000 in July 2016, which was around 28% below the average July 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

27 MAYFIELD WAY Sold Prices

Land registry data shows three sales for 27 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 27 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
2016 22 JUL	£220,000	£304,850	28% below HPI
2011 30 JUN	£159,000	£238,485	33% below HPI
1997 30 MAY	£61,500	£71,622	14% below HPI

27 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 27 MAYFIELD WAY sales between May 1997 and July 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 June 2011 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 27 MAYFIELD WAY?

27 MAYFIELD WAY is 85m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 27 MAYFIELD WAY lies on this distribution: 29% of detached houses are smaller than 27 MAYFIELD WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

27 MAYFIELD WAY: Plot and Title Map

27 MAYFIELD WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 27 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 27 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 27 MAYFIELD WAY?

27 MAYFIELD WAY is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 27 on MAYFIELD WAY.