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
5A CHURCH LANE is a small detached house of 81m². It was last sold for £260,000 in February 2023, which was around 38% below the average February 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 5A CHURCH LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 5A CHURCH LANE 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 3 FEB | £260,000 | £421,983 | 38% below HPI |
2019 10 OCT | £195,000 | £355,649 | 45% below HPI |
2016 16 MAR | £50,000 | £299,942 | 83% below HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 5A CHURCH LANE sales between March 2016 and February 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 October 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
5A CHURCH LANE is 81m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 5A CHURCH LANE lies on this distribution: 27% of detached houses are smaller than 5A CHURCH LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Mundesley.
5A CHURCH LANE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 5A CHURCH LANE, 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 5A CHURCH LANE). 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.
5A CHURCH LANE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 5A on CHURCH LANE.