7, BECKMEADOW WAY, MUNDESLEY, NORWICH, NR11 8LP - £290,000

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.

7 BECKMEADOW WAY is a small extended detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £357,297. It was last sold for £290,000 in November 2018, which was around 17% below the average November 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

7 BECKMEADOW WAY Sold Prices

Land registry data shows three sales for 7 BECKMEADOW WAY 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 7 BECKMEADOW WAY 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
2018 1 NOV	£290,000	£349,672	17% below HPI
2007 16 FEB	£192,000	£247,249	22% below HPI
1996 2 FEB	£57,000	£65,366	13% below HPI

7 BECKMEADOW WAY 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 7 BECKMEADOW WAY sales between February 1996 and November 2018 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 February 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 7 BECKMEADOW WAY be worth now?

7 BECKMEADOW WAY might now be worth an estimated £357,297.

This is based on house price inflation of 23.2%, between November 2018 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 23.2% inflationary increase is applied to the most recent sale price for 7 BECKMEADOW WAY of £290,000 on 1st November 2018. For the value to have increased from £290,000 to £357,297 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 BECKMEADOW WAY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BECKMEADOW WAY has not materially changed since November 2018.

How Large is 7 BECKMEADOW WAY?

7 BECKMEADOW WAY is 81m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mundesley, and where 7 BECKMEADOW WAY lies on this distribution: 27% of detached houses houses are smaller than 7 BECKMEADOW WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

7 BECKMEADOW WAY: Plot and Title Map

7 BECKMEADOW WAY sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 7 BECKMEADOW WAY, 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 7 BECKMEADOW WAY). 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 7 BECKMEADOW WAY?

7 BECKMEADOW WAY is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 7 on BECKMEADOW WAY.