THATCHED BARN, HIGH STREET, MUNDESLEY, NORWICH, NR11 8JL - £735,000

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

THATCHED BARN is a very large semi-detached house of 221m², built sometime between 1983 and 1990. It was last sold for £735,000 in December 2023, which was around 71% above the average December 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was C.

THATCHED BARN Sold Prices

Land registry data shows seven sales for THATCHED BARN since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the seven THATCHED 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
2023 1 DEC	£735,000	£428,992	71% above HPI
2018 12 OCT	£580,000	£353,446	64% above HPI
2016 12 FEB	£425,000	£294,213	44% above HPI
2006 21 JUL	£345,000	£229,176	51% above HPI
2003 11 JUL	£295,000	£176,502	67% above HPI
1999 19 JUL	£142,000	£84,762	68% above HPI
1998 24 MAR	£139,000	£79,128	76% above HPI

THATCHED 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 seven THATCHED BARN sales between March 1998 and December 2023 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 October 2018 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the December 2023 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is THATCHED BARN?

THATCHED BARN is 221m² according to the EPC inspection conducted in January 2018. This puts it in the largest 10% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where THATCHED BARN lies on this distribution: 97% of detached houses are smaller than THATCHED BARN, and 3% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

THATCHED BARN: Plot and Title Map

THATCHED BARN sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of THATCHED 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 THATCHED 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 THATCHED BARN?

THATCHED BARN is located on HIGH STREET in MUNDESLEY, in the NR11 postcode district. The below map shows the position of THATCHED BARN on HIGH STREET.