6, NORTHMEAD DRIVE, NORTH WALSHAM, NR28 0AU - £238,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 NORTHMEAD DRIVE is a very small detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £263,517. It was last sold for £238,500 in October 2020, which was around 39% below the average October 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

6 NORTHMEAD DRIVE Sold Prices

Land registry data shows three sales for 6 NORTHMEAD DRIVE 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 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
2020 8 OCT	£238,500	£389,918	39% below HPI
2018 27 APR	£224,000	£344,040	35% below HPI
1997 15 JUL	£50,000	£74,673	33% below HPI

6 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 three 6 NORTHMEAD DRIVE sales between July 1997 and October 2020 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 April 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 6 NORTHMEAD DRIVE be worth now?

6 NORTHMEAD DRIVE might now be worth an estimated £263,517.

This is based on house price inflation of 10.5%, between October 2020 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.5% inflationary increase is applied to the most recent sale price for 6 NORTHMEAD DRIVE of £238,500 on 8th October 2020. For the value to have increased from £238,500 to £263,517 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 NORTHMEAD DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2020 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 6 NORTHMEAD DRIVE has not materially changed since October 2020.

How Large is 6 NORTHMEAD DRIVE?

6 NORTHMEAD DRIVE is 68m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 6 NORTHMEAD DRIVE lies on this distribution: 10% of detached houses houses are smaller than 6 NORTHMEAD DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

6 NORTHMEAD DRIVE: Plot and Title Map

6 NORTHMEAD DRIVE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 6 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 6 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 6 NORTHMEAD DRIVE?

6 NORTHMEAD DRIVE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 6 on NORTHMEAD DRIVE.