THE ORCHARD, HIGH STREET, MUNDESLEY, NORWICH, NR11 8JL - £378,000

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 ORCHARD is a large detached house of 141m², built sometime between 1983 and 1990. It was last sold for £378,000 in February 2018, which was around 11% above the average February 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

THE ORCHARD Sold Prices

Land registry data shows two sales for THE ORCHARD 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. One of the two THE ORCHARD sales was for above the average price, whilst the other was roughly equal to 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 13 FEB	£378,000	£340,021	11% above HPI
2007 20 MAR	£236,750	£235,812	Close to HPI

THE ORCHARD 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 ORCHARD sales from March 2007 and February 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 141m² according to the EPC inspection conducted in January 2011. This puts it in the largest 30% 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 ORCHARD lies on this distribution: 75% of detached houses are smaller than THE ORCHARD, and 25% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of THE ORCHARD, 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 ORCHARD). 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 ORCHARD?

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