1, THE PADDOCK, TOP COMMON, EAST RUNTON, CROMER, NR27 9PR - £224,000

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 THE PADDOCK is a midsized detached house of 126m², built sometime between 1976 and 1982. It was last sold for £224,000 in May 2011, which was around 6% below the average May 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

1 THE PADDOCK Sold Prices

Land registry data shows two sales for 1 THE PADDOCK 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 1 THE PADDOCK sales was for below the average price, whilst the other was 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
2011 12 MAY	£224,000	£239,083	6% below HPI
2002 27 AUG	£194,000	£157,156	23% above HPI

1 THE PADDOCK 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 THE PADDOCK sales from August 2002 and May 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 August 2002 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2011 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 THE PADDOCK?

1 THE PADDOCK is 126m² according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in East Runton, based on EPC data. The below chart shows the distribution of detached houses by size in East Runton, and where 1 THE PADDOCK lies on this distribution: 54% of detached houses are smaller than 1 THE PADDOCK, and 46% of houses are larger. Note that EPC data is not available for all properties in East Runton.

1 THE PADDOCK: Plot and Title Map

1 THE PADDOCK sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 1 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

1 THE PADDOCK is located on TOP COMMON in EAST RUNTON, in the NR27 postcode district. The below map shows the position of 1 THE PADDOCK on TOP COMMON.