5, WELLINGTON CLOSE, MUNDESLEY, NORWICH, NR11 8JF - £195,000

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 WELLINGTON CLOSE is a midsized detached house of 104m², built sometime between 1991 and 1995. It was last sold for £195,000 in September 2014, which was around 27% below the average September 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

5 WELLINGTON CLOSE Sold Prices

Land registry data shows two sales for 5 WELLINGTON CLOSE 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 WELLINGTON CLOSE 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
2014 29 SEP	£195,000	£266,419	27% below HPI
2007 23 MAY	£194,000	£233,180	17% below HPI

5 WELLINGTON CLOSE 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 WELLINGTON CLOSE sales from May 2007 and September 2014 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 May 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 WELLINGTON CLOSE?

5 WELLINGTON CLOSE is 104m² according to the EPC inspection conducted in June 2011. This puts it in the largest 50% 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 WELLINGTON CLOSE lies on this distribution: 52% of detached houses are smaller than 5 WELLINGTON CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

5 WELLINGTON CLOSE: Plot and Title Map

5 WELLINGTON CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 5 WELLINGTON CLOSE, 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 WELLINGTON CLOSE). 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 WELLINGTON CLOSE?

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