1, RUSHMER WAY, SHERINGHAM, NR26 8YA - £247,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

1 RUSHMER WAY is a midsized detached house of 106m², built sometime between 1991 and 1995. It was last sold for £247,000 in July 2015, which was around 12% below the average July 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

1 RUSHMER WAY Sold Prices

Land registry data shows four sales for 1 RUSHMER WAY 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. two of the four 1 RUSHMER WAY sales were for below the average price, and four 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
2015 23 JUL	£247,000	£281,901	12% below HPI
2007 26 JUL	£220,000	£244,032	10% below HPI
2006 8 FEB	£230,500	£218,439	6% above HPI
1995 21 JUL	£73,950	£67,781	9% above HPI

1 RUSHMER WAY 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 RUSHMER WAY sales between July 1995 and July 2015 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 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 RUSHMER WAY?

1 RUSHMER WAY is 106m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 50% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 1 RUSHMER WAY lies on this distribution: 41% of detached houses are smaller than 1 RUSHMER WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

1 RUSHMER WAY: Plot and Title Map

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

1 RUSHMER WAY is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 1 on RUSHMER WAY.