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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 PAULS LANE is a small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £482,868. It was last sold for £420,000 in April 2021, which was around 12% 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	£374,726	12% above HPI
2015 2 MAR	£297,500	£276,385	8% above HPI
2001 10 OCT	£95,500	£129,392	26% 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 12 PAULS LANE be worth now?

12 PAULS LANE might now be worth an estimated £482,868.

This is based on house price inflation of 15%, between April 2021 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 12 PAULS LANE of £420,000 on 30th April 2021. For the value to have increased from £420,000 to £482,868 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 12 PAULS LANE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The April 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PAULS LANE has not materially changed since April 2021.

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 houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses houses by size in Overstrand, and where 12 PAULS LANE lies on this distribution: 33% of detached houses 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.