1, CROMWELL CLOSE, CROMER, NR27 0DE - £232,000

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 CROMWELL CLOSE is a midsized detached house of 100m², built sometime between 1983 and 1990. It was last sold for £232,000 in April 2014, which was around 10% below the average April 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

1 CROMWELL CLOSE Sold Prices

Land registry data shows two sales for 1 CROMWELL CLOSE 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. Both of the two 1 CROMWELL 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
2014 1 APR	£232,000	£257,461	10% below HPI
2005 29 NOV	£190,000	£216,670	12% below HPI

1 CROMWELL 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 two 1 CROMWELL CLOSE sales from November 2005 and April 2014 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 November 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 CROMWELL CLOSE?

1 CROMWELL CLOSE is 100m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 1 CROMWELL CLOSE lies on this distribution: 43% of detached houses are smaller than 1 CROMWELL CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Cromer.

1 CROMWELL CLOSE: Plot and Title Map

1 CROMWELL CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 1 CROMWELL 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 CROMWELL 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 CROMWELL CLOSE?

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