REDCROFT, MORLEY ROAD NORTH, SHERINGHAM, NR26 8JB - £250,000

REDCROFT is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £250,000 in January 2011, which was around 7% above the average January 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

REDCROFT Sold Prices

Land registry data shows two sales for REDCROFT 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 REDCROFT 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
2011 28 JAN	£250,000	£233,053	7% above HPI
2003 14 JUL	£162,500	£176,502	8% below HPI

REDCROFT 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 REDCROFT sales from July 2003 and January 2011 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 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2011 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is REDCROFT?

REDCROFT is 84m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where REDCROFT lies on this distribution: 16% of detached houses are smaller than REDCROFT, and 83% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

REDCROFT: Plot and Title Map

REDCROFT sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of REDCROFT, 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 REDCROFT). 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 REDCROFT?

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