12A, CREMERS DRIFT, SHERINGHAM, NR26 8HY - £400,000

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

12A CREMERS DRIFT is a midsized detached house of 105m², built sometime between 1967 and 1975. It was last sold for £400,000 in March 2023, which was around 6% below the average March 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

12A CREMERS DRIFT Sold Prices

Land registry data shows two sales for 12A CREMERS DRIFT 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 12A CREMERS DRIFT sales was for below the average price, whilst the other was for above 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 6 MAR	£400,000	£426,489	6% below HPI
1998 22 APR	£88,000	£81,049	9% above HPI

12A CREMERS DRIFT 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 12A CREMERS DRIFT sales from April 1998 and March 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 April 1998 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12A CREMERS DRIFT?

12A CREMERS DRIFT is 105m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 50% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 12A CREMERS DRIFT lies on this distribution: 41% of detached houses are smaller than 12A CREMERS DRIFT, and 59% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

12A CREMERS DRIFT: Plot and Title Map

12A CREMERS DRIFT sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 12A CREMERS DRIFT, 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 12A CREMERS DRIFT). 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 12A CREMERS DRIFT?

12A CREMERS DRIFT is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 12A on CREMERS DRIFT.