18, HEATH LANE, MUNDESLEY, NORWICH, NR11 8ER - £115,000

18 HEATH LANE is a very small extended detached house of 71m², built sometime between 1900 and 1929. It was last sold for £115,000 in January 2022, which was around 73% below the average January 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was D.

18 HEATH LANE Sold Prices

Land registry data shows two sales for 18 HEATH LANE 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 18 HEATH LANE 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
2022 21 JAN	£115,000	£419,640	73% below HPI
2017 23 JUN	£129,000	£316,107	59% below HPI

18 HEATH LANE 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 18 HEATH LANE sales from June 2017 and January 2022 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 June 2017 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the January 2022 sale, where it falls to 73% below the HPI. The line then continues to track at 73% below the HPI.

How Large is 18 HEATH LANE?

18 HEATH LANE is 71m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 18 HEATH LANE lies on this distribution: 12% of detached houses are smaller than 18 HEATH LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

18 HEATH LANE: Plot and Title Map

18 HEATH LANE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 18 HEATH LANE, 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 18 HEATH LANE). 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 18 HEATH LANE?

18 HEATH LANE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 18 on HEATH LANE.