2B, MILLFIELD ROAD, NORTH WALSHAM, NR28 0EB - £275,000

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

2B MILLFIELD ROAD is a midsized extended detached house of 95m², built sometime between 1976 and 1982. It was last sold for £275,000 in June 2021, which was around 29% below the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

2B MILLFIELD ROAD Sold Prices

Land registry data shows five sales for 2B MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 2B MILLFIELD ROAD 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
2021 16 JUN	£275,000	£386,352	29% below HPI
2017 15 NOV	£235,000	£335,916	30% below HPI
2015 9 APR	£197,500	£273,039	28% below HPI
2011 4 OCT	£189,000	£240,196	21% below HPI
2000 30 OCT	£85,000	£109,473	22% below HPI

2B MILLFIELD ROAD 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 five 2B MILLFIELD ROAD sales between October 2000 and June 2021 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 November 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2B MILLFIELD ROAD?

2B MILLFIELD ROAD is 95m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% 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 2B MILLFIELD ROAD lies on this distribution: 41% of detached houses are smaller than 2B MILLFIELD ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

2B MILLFIELD ROAD: Plot and Title Map

2B MILLFIELD ROAD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 2B MILLFIELD ROAD, 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 2B MILLFIELD ROAD). 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 2B MILLFIELD ROAD?

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