12, LANCASTER RISE, MUNDESLEY, NORWICH, NR11 8JE - £242,500

12 LANCASTER RISE is a large detached house of 123m², built sometime between 1991 and 1995. It was last sold for £242,500 in June 2014, which was around 9% below the average June 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

12 LANCASTER RISE Sold Prices

Land registry data shows two sales for 12 LANCASTER RISE 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 12 LANCASTER RISE sales was for below the average price, whilst the other was 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
2014 4 JUN	£242,500	£266,585	9% below HPI
1995 25 AUG	£75,000	£70,628	6% above HPI

12 LANCASTER RISE 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 12 LANCASTER RISE sales from August 1995 and June 2014 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 August 1995 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 12 LANCASTER RISE?

12 LANCASTER RISE is 123m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 12 LANCASTER RISE lies on this distribution: 68% of detached houses are smaller than 12 LANCASTER RISE, and 32% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

12 LANCASTER RISE: Plot and Title Map

12 LANCASTER RISE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 12 LANCASTER RISE, 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 12 LANCASTER RISE). 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 12 LANCASTER RISE?

12 LANCASTER RISE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 12 on LANCASTER RISE.