THE GABLES, MUNDESLEY ROAD, TRIMINGHAM, NORWICH, NR11 8ED - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE GABLES is a midsized extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £250,000 in July 2018, which was around 28% below the average July 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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 THE GABLES 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
2018 25 JUL	£250,000	£348,314	28% below HPI
2007 8 MAR	£210,000	£235,812	11% below HPI

THE GABLES 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 THE GABLES sales from March 2007 and July 2018 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 March 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is THE GABLES?

THE GABLES is 114m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Trimingham, based on EPC data. The below chart shows the distribution of detached houses by size in Trimingham, and where THE GABLES lies on this distribution: 54% of detached houses are smaller than THE GABLES, and 46% of houses are larger. Note that EPC data is not available for all properties in Trimingham.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of THE GABLES, 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 THE GABLES). 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 THE GABLES?

THE GABLES is located on MUNDESLEY ROAD in TRIMINGHAM, in the NR11 postcode district. The below map shows the position of THE GABLES on MUNDESLEY ROAD.