43, MUNDESLEY ROAD, OVERSTRAND, CROMER, NR27 0NB - £245,000

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

43 MUNDESLEY ROAD is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £245,000 in December 2016, which was around 21% below the average December 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

43 MUNDESLEY ROAD Sold Prices

Land registry data shows two sales for 43 MUNDESLEY ROAD 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 43 MUNDESLEY 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
2016 8 DEC	£245,000	£310,908	21% below HPI
2005 22 SEP	£120,000	£220,984	46% below HPI

43 MUNDESLEY 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 two 43 MUNDESLEY ROAD sales from September 2005 and December 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 September 2005 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 43 MUNDESLEY ROAD?

43 MUNDESLEY ROAD is 57m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses by size in Overstrand, and where 43 MUNDESLEY ROAD lies on this distribution: Less than 1% of detached houses are smaller than 43 MUNDESLEY ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Overstrand.

43 MUNDESLEY ROAD: Plot and Title Map

43 MUNDESLEY ROAD sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 43 MUNDESLEY 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 43 MUNDESLEY 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 43 MUNDESLEY ROAD?

43 MUNDESLEY ROAD is located in OVERSTRAND, in the NR27 postcode district. The below map shows the position of No. 43 on MUNDESLEY ROAD.