THE HOLLIES, KNAPTON ROAD, MUNDESLEY, NORWICH, NR11 8LA - £340,000

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

THE HOLLIES is a very large extended detached house of 170m², built sometime between 1996 and 2002. It was last sold for £340,000 in August 2019, which was around 2% below the average August 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was C.

THE HOLLIES Sold Prices

Land registry data shows five sales for THE HOLLIES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the five THE HOLLIES 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
2019 28 AUG	£340,000	£347,008	2% below HPI
2019 28 JUN	£325,000	£348,078	7% below HPI
2013 13 SEP	£280,000	£249,381	12% above HPI
2002 7 JUN	£267,500	£155,211	72% above HPI
2001 7 MAR	£175,000	£116,820	50% above HPI

THE HOLLIES 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 five THE HOLLIES sales between March 2001 and August 2019 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 June 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is THE HOLLIES?

THE HOLLIES is 170m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 20% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where THE HOLLIES lies on this distribution: 89% of detached houses are smaller than THE HOLLIES, and 10% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of THE HOLLIES, 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 HOLLIES). 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 HOLLIES?

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