8, ALBION ROAD, MUNDESLEY, NORWICH, NR11 8DL - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 ALBION ROAD is a midsized extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £165,000 in November 2011, which was around 31% below the average November 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

8 ALBION ROAD Sold Prices

Land registry data shows two sales for 8 ALBION ROAD 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 8 ALBION ROAD 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
2011 30 NOV	£165,000	£239,111	31% below HPI
1999 17 DEC	£73,500	£94,684	22% below HPI

8 ALBION ROAD 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 8 ALBION ROAD sales from December 1999 and November 2011 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 December 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2011 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 ALBION ROAD?

8 ALBION ROAD is 96m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 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 8 ALBION ROAD lies on this distribution: 45% of detached houses are smaller than 8 ALBION ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

8 ALBION ROAD: Plot and Title Map

8 ALBION ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 8 ALBION ROAD, 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 8 ALBION ROAD). 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 8 ALBION ROAD?

8 ALBION ROAD is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 8 on ALBION ROAD.