11, THE RISE, SHERINGHAM, NR26 8QA - £595,000

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

11 THE RISE is a large extended detached house of 154m², built sometime between 1900 and 1929. It was last sold for £595,000 in February 2022, which was around 40% above the average February 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

11 THE RISE Sold Prices

Land registry data shows two sales for 11 THE RISE 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 11 THE RISE 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
2022 3 FEB	£595,000	£426,083	40% above HPI
2020 14 JAN	£230,000	£351,881	35% below HPI

11 THE RISE 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 11 THE RISE sales from January 2020 and February 2022 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 January 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2022 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 11 THE RISE?

11 THE RISE is 154m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 11 THE RISE lies on this distribution: 78% of detached houses are smaller than 11 THE RISE, and 22% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

11 THE RISE: Plot and Title Map

11 THE RISE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 11 THE RISE, 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 11 THE RISE). 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 11 THE RISE?

11 THE RISE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 11 on THE RISE.