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
12 ARBOR ROAD is a small detached house of 91m², built sometime between 1930 and 1949. It was last sold for £460,000 in January 2023, which was around 6% above the average January 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 12 ARBOR ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Two of the three 12 ARBOR ROAD sales were for above the average price, whilst one 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 |
---|---|---|---|
2023 9 JAN | £460,000 | £432,712 | 6% above HPI |
2021 3 MAR | £430,000 | £370,260 | 16% above HPI |
2015 1 JUL | £255,000 | £281,901 | 10% below HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 12 ARBOR ROAD sales between July 2015 and January 2023 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 March 2021 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
12 ARBOR ROAD is 91m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 12 ARBOR ROAD lies on this distribution: 33% of detached houses are smaller than 12 ARBOR ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Cromer.
12 ARBOR ROAD sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 12 ARBOR ROAD, 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 12 ARBOR ROAD). 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.
12 ARBOR ROAD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 12 on ARBOR ROAD.