41, MAYFIELD WAY, NORTH WALSHAM, NR28 0DQ - £289,950

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

41 MAYFIELD WAY is a midsized detached house of 98m², built sometime between 1996 and 2002. It was last sold for £289,950 in July 2021, which was around 24% below the average July 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

41 MAYFIELD WAY Sold Prices

Land registry data shows two sales for 41 MAYFIELD WAY 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 41 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
2021 14 JUL	£289,950	£380,936	24% below HPI
1996 12 JUL	£62,225	£68,001	8% below HPI

41 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 two 41 MAYFIELD WAY sales from July 1996 and July 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 July 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 41 MAYFIELD WAY?

41 MAYFIELD WAY is 98m² according to the EPC inspection conducted in February 2020. 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 41 MAYFIELD WAY lies on this distribution: 45% of detached houses are smaller than 41 MAYFIELD WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

41 MAYFIELD WAY: Plot and Title Map

41 MAYFIELD WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 41 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 41 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 41 MAYFIELD WAY?

41 MAYFIELD WAY is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 41 on MAYFIELD WAY.