12, PAULS LANE, OVERSTRAND, CROMER, NR27 0PE - £420,000

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

12 PAULS LANE is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £420,000 in April 2021, which was around 13% above the average April 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

12 PAULS LANE Sold Prices

Land registry data shows three sales for 12 PAULS LANE since 1^st 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 PAULS LANE 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
2021 30 APR	£420,000	£371,133	13% above HPI
2015 2 MAR	£297,500	£273,735	9% above HPI
2001 10 OCT	£95,500	£128,152	25% below HPI

12 PAULS LANE 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 three 12 PAULS LANE sales between October 2001 and April 2021 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 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 12 PAULS LANE?

12 PAULS LANE is 92m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses by size in Overstrand, and where 12 PAULS LANE lies on this distribution: 33% of detached houses are smaller than 12 PAULS LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Overstrand.

12 PAULS LANE: Plot and Title Map

12 PAULS LANE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 12 PAULS LANE, 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 PAULS LANE). 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 12 PAULS LANE?

12 PAULS LANE is located in OVERSTRAND, in the NR27 postcode district. The below map shows the position of No. 12 on PAULS LANE.