MELROSE, MORLEY ROAD NORTH, SHERINGHAM, NR26 8JB - £340,000

MELROSE is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £340,000 in September 2017, which was around 3% above the average September 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

MELROSE Sold Prices

Land registry data shows two sales for MELROSE 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 MELROSE sales was for above the average price, whilst the other was 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
2017 11 SEP	£340,000	£331,136	3% above HPI
2006 13 JUN	£205,000	£227,316	10% below HPI

MELROSE 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 MELROSE sales from June 2006 and September 2017 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is MELROSE?

MELROSE is 88m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where MELROSE lies on this distribution: 20% of detached houses are smaller than MELROSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

MELROSE: Plot and Title Map

MELROSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of MELROSE, 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 MELROSE). 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 MELROSE?

MELROSE is located on MORLEY ROAD NORTH in SHERINGHAM, in the NR26 postcode district. The below map shows the position of MELROSE on MORLEY ROAD NORTH.