14, TEXEL WAY, MUNDESLEY, NORWICH, NR11 8DP - £277,500

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.

14 TEXEL WAY is a large extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £345,055. It was last sold for £277,500 in January 2019, which was around 20% below the average January 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

14 TEXEL WAY Sold Prices

Land registry data shows three sales for 14 TEXEL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 14 TEXEL WAY sales were for below 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 7 JAN	£277,500	£346,471	20% below HPI
2015 10 NOV	£235,000	£303,915	23% below HPI
2007 7 JUN	£200,000	£243,483	18% below HPI

14 TEXEL WAY 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 three 14 TEXEL WAY sales between June 2007 and January 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 November 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 14 TEXEL WAY be worth now?

14 TEXEL WAY might now be worth an estimated £345,055.

This is based on house price inflation of 24.3%, between January 2019 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 24.3% inflationary increase is applied to the most recent sale price for 14 TEXEL WAY of £277,500 on 7th January 2019. For the value to have increased from £277,500 to £345,055 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 14 TEXEL WAY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2019 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 14 TEXEL WAY has not materially changed since January 2019.

How Large is 14 TEXEL WAY?

14 TEXEL WAY is 120m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mundesley, and where 14 TEXEL WAY lies on this distribution: 65% of detached houses houses are smaller than 14 TEXEL WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

14 TEXEL WAY: Plot and Title Map

14 TEXEL WAY sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 14 TEXEL WAY, 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 14 TEXEL WAY). 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 14 TEXEL WAY?

14 TEXEL WAY is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 14 on TEXEL WAY.