3, MAYBANK, NORTH WALSHAM, NR28 0EZ - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MAYBANK is a very large detached house of 159m², built sometime between 1983 and 1990. It was last sold for £385,000 in March 2021, which was around 4% above the average March 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

3 MAYBANK Sold Prices

Land registry data shows three sales for 3 MAYBANK 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. Two of the three 3 MAYBANK sales were for above the average price, whilst one was 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 11 MAR	£385,000	£370,260	4% above HPI
2017 17 AUG	£321,500	£326,061	1% below HPI
2006 25 OCT	£260,000	£233,119	12% above HPI

3 MAYBANK 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 3 MAYBANK sales between October 2006 and March 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 August 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 MAYBANK?

3 MAYBANK is 159m² according to the EPC inspection conducted in May 2016. This puts it in the largest 10% 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 3 MAYBANK lies on this distribution: 91% of detached houses are smaller than 3 MAYBANK, and 9% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

3 MAYBANK: Plot and Title Map

3 MAYBANK sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of 3 MAYBANK, 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 3 MAYBANK). 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 3 MAYBANK?

3 MAYBANK is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 3 on MAYBANK.