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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MAYFIELD WAY is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £393,615. It was last sold for £220,000 in June 2011, which was around 9% below the average June 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

4 MAYFIELD WAY Sold Prices

Land registry data shows three sales for 4 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. One of the three 4 MAYFIELD WAY sales was for below the average price, whilst two were for above 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
2011 20 JUN	£220,000	£240,793	9% below HPI
2000 21 AUG	£130,000	£108,559	20% above HPI
1998 20 NOV	£92,500	£84,220	10% above HPI

4 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 4 MAYFIELD WAY sales between November 1998 and June 2011 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 2000 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2011 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 4 MAYFIELD WAY be worth now?

4 MAYFIELD WAY might now be worth an estimated £393,615.

This is based on house price inflation of 78.9%, between June 2011 and February 2025, 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 78.9% inflationary increase is applied to the most recent sale price for 4 MAYFIELD WAY of £220,000 on 20th June 2011. For the value to have increased from £220,000 to £393,615 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 4 MAYFIELD WAY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2011 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MAYFIELD WAY has not materially changed since June 2011.

How Large is 4 MAYFIELD WAY?

4 MAYFIELD WAY is 108m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 50% 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 4 MAYFIELD WAY lies on this distribution: 60% of detached houses houses are smaller than 4 MAYFIELD WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

4 MAYFIELD WAY: Plot and Title Map

4 MAYFIELD WAY sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 4 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 4 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 4 MAYFIELD WAY?

4 MAYFIELD WAY is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 4 on MAYFIELD WAY.