1, BEACH CLOSE, OVERSTRAND, CROMER, NR27 0PJ - £247,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 BEACH CLOSE is a large extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £247,500 in March 2010, which was around 5% above the average March 2010 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was D.

1 BEACH CLOSE Sold Prices

Land registry data shows four sales for 1 BEACH 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. Most of the four 1 BEACH CLOSE sales were for 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
2010 31 MAR	£247,500	£235,833	5% above HPI
2005 7 SEP	£244,000	£220,984	10% above HPI
2002 21 JUN	£225,000	£155,211	45% above HPI
1998 26 MAY	£73,500	£84,049	13% below HPI

1 BEACH 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 1 BEACH CLOSE sales between May 1998 and March 2010 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 September 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2010 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 1 BEACH CLOSE?

1 BEACH CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 40% of detached houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses by size in Overstrand, and where 1 BEACH CLOSE lies on this distribution: 67% of detached houses are smaller than 1 BEACH CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Overstrand.

1 BEACH CLOSE: Plot and Title Map

1 BEACH CLOSE sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 1 BEACH 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 1 BEACH 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 1 BEACH CLOSE?

1 BEACH CLOSE is located in OVERSTRAND, in the NR27 postcode district. The below map shows the position of No. 1 on BEACH CLOSE.