THE WISP, SEA VIEW ROAD, MUNDESLEY, NORWICH, NR11 8DH - £205,000

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 WISP is a very large detached house of 157m², built sometime between 1991 and 1995. It was last sold for £205,000 in April 2003, which was around 16% above the average April 2003 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

THE WISP Sold Prices

Land registry data shows two sales for THE WISP 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 WISP 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
2003 25 APR	£205,000	£176,594	16% above HPI
2000 5 MAY	£119,500	£104,026	15% above HPI

THE WISP 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 WISP sales from May 2000 and April 2003 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 May 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2003 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THE WISP?

THE WISP is 157m² according to the EPC inspection conducted in April 2015. 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 WISP lies on this distribution: 83% of detached houses are smaller than THE WISP, and 16% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

THE WISP: Plot and Title Map

THE WISP sits on a plot of roughly 0.231 of an acre, or 934m². The below map shows the location of THE WISP, 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 WISP). 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 WISP?

THE WISP is located on SEA VIEW ROAD in MUNDESLEY, in the NR11 postcode district. The below map shows the position of THE WISP on SEA VIEW ROAD.