5, MEADOW DRIVE, MUNDESLEY, NORWICH, NR11 8LL - £249,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 MEADOW DRIVE is a large detached house of 126m², built sometime between 1950 and 1966. It was last sold for £249,000 in November 2013, which was around 1% below the average November 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

5 MEADOW DRIVE Sold Prices

Land registry data shows two sales for 5 MEADOW DRIVE 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 5 MEADOW DRIVE 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
2013 28 NOV	£249,000	£251,526	1% below HPI
2004 4 FEB	£185,000	£198,795	7% below HPI

5 MEADOW DRIVE 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 5 MEADOW DRIVE sales from February 2004 and November 2013 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 February 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2013 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 5 MEADOW DRIVE?

5 MEADOW DRIVE is 126m² according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 5 MEADOW DRIVE lies on this distribution: 69% of detached houses are smaller than 5 MEADOW DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

5 MEADOW DRIVE: Plot and Title Map

5 MEADOW DRIVE sits on a plot of roughly 0.224 of an acre, or 906m². The below map shows the location of 5 MEADOW DRIVE, 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 5 MEADOW DRIVE). 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 5 MEADOW DRIVE?

5 MEADOW DRIVE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 5 on MEADOW DRIVE.