46, MAYFIELD WAY, NORTH WALSHAM, NR28 0DQ - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

46 MAYFIELD WAY is a small extended detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £285,946. It was last sold for £300,000 in August 2023, which was around 32% below the average August 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

46 MAYFIELD WAY Sold Prices

Land registry data shows two sales for 46 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 46 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
2023 7 AUG	£300,000	£441,570	32% below HPI
1996 26 JAN	£56,500	£65,184	13% below HPI

46 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 46 MAYFIELD WAY sales from January 1996 and August 2023 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 January 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 46 MAYFIELD WAY be worth now?

46 MAYFIELD WAY might now be worth an estimated £285,946.

This is based on house price deflation of 4.7%, between August 2023 and December 2024, 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 4.7% deflationary decrease is applied to the most recent sale price for 46 MAYFIELD WAY of £300,000 on 7th August 2023. For the value to have decreased from £300,000 to £285,946 over the eight months to December 2024, the following assumptions must hold true:

• The value of 46 MAYFIELD WAY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 46 MAYFIELD WAY has not materially changed since August 2023.

How Large is 46 MAYFIELD WAY?

46 MAYFIELD WAY is 89m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% 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 46 MAYFIELD WAY lies on this distribution: 35% of detached houses houses are smaller than 46 MAYFIELD WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

46 MAYFIELD WAY: Plot and Title Map

46 MAYFIELD WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 46 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 46 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 46 MAYFIELD WAY?

46 MAYFIELD WAY is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 46 on MAYFIELD WAY.