47, NELSON WAY, MUNDESLEY, NORWICH, NR11 8JD - £138,000

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.

47 NELSON WAY is a small terraced house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £228,922. It was last sold for £138,000 in May 2007, which was around 2% below the average May 2007 terraced price in the North Norfolk local authority area. The most recent EPC inspection was September 2008, where the current energy rating was D, and the potential energy rating was C.

47 NELSON WAY Sold Prices

Land registry data shows five sales for 47 NELSON WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. The five 47 NELSON WAY sales were a mix of below the average price, roughly equal to the average price, and 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
2007 25 MAY	£138,000	£141,135	2% below HPI
2004 24 JUN	£112,500	£115,297	2% below HPI
2003 21 JUL	£103,000	£95,557	8% above HPI
1999 3 DEC	£50,000	£50,186	Close to HPI
1997 29 AUG	£36,000	£39,936	10% below HPI

47 NELSON WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Norfolk local authority area over time, sourced from the HPI. The five 47 NELSON WAY sales between August 1997 and May 2007 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 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2007 sale, which was also at 2% below the HPI.

What might 47 NELSON WAY be worth now?

47 NELSON WAY might now be worth an estimated £228,922.

This is based on house price inflation of 65.9%, between May 2007 and June 2025, for terraced 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 65.9% inflationary increase is applied to the most recent sale price for 47 NELSON WAY of £138,000 on 25th May 2007. For the value to have increased from £138,000 to £228,922 over the seventeen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 47 NELSON WAY has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The May 2007 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 47 NELSON WAY has not materially changed since May 2007.

How Large is 47 NELSON WAY?

47 NELSON WAY is 84m² according to the EPC inspection conducted in September 2008. This puts it in the smallest 40% of terraced houses houses in Mundesley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mundesley, and where 47 NELSON WAY lies on this distribution: 31% of terraced houses houses are smaller than 47 NELSON WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

47 NELSON WAY: Plot and Title Map

47 NELSON WAY sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 47 NELSON 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 47 NELSON 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 47 NELSON WAY?

47 NELSON WAY is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 47 on NELSON WAY.