12, THE RISE, SHERINGHAM, NR26 8QA - £299,950

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 THE RISE is a midsized extended detached house of 109m², built sometime between 1930 and 1949, which could now be worth an estimated £524,459. It was last sold for £299,950 in July 2007, which was around 22% above the average July 2007 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

12 THE RISE Sold Prices

Land registry data shows two sales for 12 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 12 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
2007 24 JUL	£299,950	£246,394	22% above HPI
1998 14 AUG	£74,000	£84,997	13% below HPI

12 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 12 THE RISE sales from August 1998 and July 2007 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 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2007 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 12 THE RISE be worth now?

12 THE RISE might now be worth an estimated £524,459.

This is based on house price inflation of 74.8%, between July 2007 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 74.8% inflationary increase is applied to the most recent sale price for 12 THE RISE of £299,950 on 24th July 2007. For the value to have increased from £299,950 to £524,459 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 12 THE RISE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2007 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 12 THE RISE has not materially changed since July 2007.

How Large is 12 THE RISE?

12 THE RISE is 109m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 12 THE RISE lies on this distribution: 44% of detached houses houses are smaller than 12 THE RISE, and 55% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

12 THE RISE: Plot and Title Map

12 THE RISE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 12 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 12 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 12 THE RISE?

12 THE RISE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 12 on THE RISE.