6, ALEXANDER RISE, MUNDESLEY, NORWICH, NR11 8EN - £265,000

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

6 ALEXANDER RISE is a small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £265,000 in October 2017, which was around 21% below the average October 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

6 ALEXANDER RISE Sold Prices

Land registry data shows three sales for 6 ALEXANDER RISE since 1^st 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 6 ALEXANDER RISE 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
2017 26 OCT	£265,000	£335,936	21% below HPI
2015 16 OCT	£230,000	£298,998	23% below HPI
1995 1 SEP	£63,500	£69,063	8% below HPI

6 ALEXANDER RISE 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 three 6 ALEXANDER RISE sales between September 1995 and October 2017 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 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 6 ALEXANDER RISE?

6 ALEXANDER RISE is 79m² according to the EPC inspection conducted in August 2015. 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 6 ALEXANDER RISE lies on this distribution: 24% of detached houses are smaller than 6 ALEXANDER RISE, and 75% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

6 ALEXANDER RISE: Plot and Title Map

6 ALEXANDER RISE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 6 ALEXANDER RISE, 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 6 ALEXANDER RISE). 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 6 ALEXANDER RISE?

6 ALEXANDER RISE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 6 on ALEXANDER RISE.