5, NORTHMEAD DRIVE, NORTH WALSHAM, NR28 0AU - £307,500

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 NORTHMEAD DRIVE is a very large extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £307,500 in January 2019, which was around 10% below the average January 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

5 NORTHMEAD DRIVE Sold Prices

Land registry data shows two sales for 5 NORTHMEAD 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 NORTHMEAD 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
2019 23 JAN	£307,500	£343,149	10% below HPI
1995 27 NOV	£65,000	£68,010	4% below HPI

5 NORTHMEAD 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 NORTHMEAD DRIVE sales from November 1995 and January 2019 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 November 1995 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 NORTHMEAD DRIVE?

5 NORTHMEAD DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% 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 5 NORTHMEAD DRIVE lies on this distribution: 84% of detached houses are smaller than 5 NORTHMEAD DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

5 NORTHMEAD DRIVE: Plot and Title Map

5 NORTHMEAD DRIVE sits on a plot of roughly 0.220 of an acre, or 888m². The below map shows the location of 5 NORTHMEAD 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 NORTHMEAD 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 NORTHMEAD DRIVE?

5 NORTHMEAD DRIVE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 5 on NORTHMEAD DRIVE.