MAYFIELD, COAST ROAD, BACTON, NORWICH, NR12 0EU - £285,500

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

MAYFIELD is a small detached house of 95m², built sometime before 1900. It was last sold for £285,500 in November 2020, which was around 26% below the average November 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

MAYFIELD Sold Prices

Land registry data shows three sales for MAYFIELD 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 MAYFIELD 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 10 NOV	£285,500	£385,383	26% below HPI
2003 1 DEC	£190,000	£192,124	1% below HPI
1998 15 MAY	£66,000	£84,049	21% below HPI

MAYFIELD 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 MAYFIELD sales between May 1998 and November 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 December 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is MAYFIELD?

MAYFIELD is 95m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where MAYFIELD lies on this distribution: 37% of detached houses are smaller than MAYFIELD, and 63% of houses are larger. Note that EPC data is not available for all properties in Bacton.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located on COAST ROAD in BACTON, in the NR12 postcode district. The below map shows the position of MAYFIELD on COAST ROAD.