32, GORSE CLOSE, MUNDESLEY, NORWICH, NR11 8JZ - £315,000

32 GORSE CLOSE is a small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £315,000 in January 2024, which was around 26% below the average January 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

32 GORSE CLOSE Sold Prices

Land registry data shows four sales for 32 GORSE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 32 GORSE CLOSE 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
2024 29 JAN	£315,000	£425,402	26% below HPI
2015 24 JUL	£185,000	£281,901	34% below HPI
2007 10 MAY	£90,000	£233,180	61% below HPI
2006 16 NOV	£197,000	£232,229	15% below HPI

32 GORSE CLOSE 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 four 32 GORSE CLOSE sales between November 2006 and January 2024 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 July 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 32 GORSE CLOSE?

32 GORSE CLOSE is 79m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 32 GORSE CLOSE lies on this distribution: 24% of detached houses are smaller than 32 GORSE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

32 GORSE CLOSE: Plot and Title Map

32 GORSE CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 32 GORSE CLOSE, 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 32 GORSE CLOSE). 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 32 GORSE CLOSE?

32 GORSE CLOSE is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 32 on GORSE CLOSE.