THE MALLARDS, MUNDESLEY ROAD, KNAPTON, NORTH WALSHAM, NR28 0RY - £350,000

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.

THE MALLARDS is a large extended detached house of 162m², built sometime between 1991 and 1995, which could now be worth an estimated £438,005. It was last sold for £350,000 in December 2018, which was around 2% above the average December 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

THE MALLARDS Sold Prices

Land registry data shows two sales for THE MALLARDS 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 MALLARDS 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
2018 14 DEC	£350,000	£344,256	2% above HPI
1999 29 JAN	£127,500	£85,602	49% above HPI

THE MALLARDS 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 MALLARDS sales from January 1999 and December 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 January 1999 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the December 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might THE MALLARDS be worth now?

THE MALLARDS might now be worth an estimated £438,005.

This is based on house price inflation of 25.1%, between December 2018 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 25.1% inflationary increase is applied to the most recent sale price for THE MALLARDS of £350,000 on 14th December 2018. For the value to have increased from £350,000 to £438,005 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of THE MALLARDS has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of THE MALLARDS has not materially changed since December 2018.

How Large is THE MALLARDS?

THE MALLARDS is 162m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% 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 THE MALLARDS lies on this distribution: 67% of detached houses houses are smaller than THE MALLARDS, and 33% of houses are larger. Note that EPC data is not available for all properties in Knapton.

THE MALLARDS: Plot and Title Map

THE MALLARDS sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of THE MALLARDS, 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 MALLARDS). 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 MALLARDS?

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