MILE BARN, MUNDESLEY ROAD, KNAPTON, NORTH WALSHAM, NR28 0RY - £500,000

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.

MILE BARN is a very large extended detached house of 190m², built sometime before 1900, which could now be worth an estimated £567,339. It was last sold for £500,000 in January 2021, which was around 32% above the average January 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

MILE BARN Sold Prices

Land registry data shows two sales for MILE BARN 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 MILE BARN 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 22 JAN	£500,000	£379,682	32% above HPI
1999 29 JAN	£150,000	£85,602	75% above HPI

MILE BARN 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 MILE BARN sales from January 1999 and January 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 January 1999 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the January 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might MILE BARN be worth now?

MILE BARN might now be worth an estimated £567,339.

This is based on house price inflation of 13.5%, between January 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 13.5% inflationary increase is applied to the most recent sale price for MILE BARN of £500,000 on 22nd January 2021. For the value to have increased from £500,000 to £567,339 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of MILE BARN has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of MILE BARN has not materially changed since January 2021.

How Large is MILE BARN?

MILE BARN is 190m², which includes four extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses houses in Knapton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Knapton, and where MILE BARN lies on this distribution: 84% of detached houses houses are smaller than MILE BARN, and 16% of houses are larger. Note that EPC data is not available for all properties in Knapton.

MILE BARN: Plot and Title Map

MILE BARN sits on a plot of roughly 0.431 of an acre, or 1,745m². The below map shows the location of MILE BARN, 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 MILE BARN). 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 MILE BARN?

MILE BARN is located on MUNDESLEY ROAD in KNAPTON, in the NR28 postcode district. The below map shows the position of MILE BARN on MUNDESLEY ROAD.