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

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.

MEADOW GATE is a very large detached house of 171m², built sometime between 1976 and 1982, which could now be worth an estimated £759,271. It was last sold for £670,000 in May 2021, which was around 76% 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	£380,164	76% above HPI
2017 7 APR	£340,000	£319,937	6% 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2021 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might MEADOW GATE be worth now?

MEADOW GATE might now be worth an estimated £759,271.

This is based on house price inflation of 13.3%, between May 2021 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 13.3% inflationary increase is applied to the most recent sale price for MEADOW GATE of £670,000 on 14th May 2021. For the value to have increased from £670,000 to £759,271 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of MEADOW GATE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2021 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOW GATE has not materially changed since May 2021.

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 houses in Tunstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tunstead, and where MEADOW GATE lies on this distribution: 86% of detached houses 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.