MEADOW GATE, MARKET STREET, TUNSTEAD, NORWICH, NR12 8AH - £670,000

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

MEADOW GATE is a very large detached house of 171m², built sometime between 1976 and 1982. It was last sold for £670,000 in May 2021, which was around 78% above the average May 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

MEADOW GATE Sold Prices

Land registry data shows two sales for MEADOW GATE 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 MEADOW GATE sales were for above 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
2021 14 MAY	£670,000	£376,519	78% above HPI
2017 7 APR	£340,000	£316,870	7% above HPI

MEADOW GATE 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 MEADOW GATE sales from April 2017 and May 2021 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 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2021 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is MEADOW GATE?

MEADOW GATE is 171m² according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in Tunstead, based on EPC data. The below chart shows the distribution of detached houses by size in Tunstead, and where MEADOW GATE lies on this distribution: 86% of detached houses are smaller than MEADOW GATE, and 14% of houses are larger. Note that EPC data is not available for all properties in Tunstead.

MEADOW GATE: Plot and Title Map

MEADOW GATE sits on a plot of roughly 0.389 of an acre, or 1,573m². The below map shows the location of MEADOW GATE, 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 MEADOW GATE). 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 MEADOW GATE?

MEADOW GATE is located on MARKET STREET in TUNSTEAD, in the NR12 postcode district. The below map shows the position of MEADOW GATE on MARKET STREET.