14, RIDGEWAY, CROMER, NR27 0HS - £385,000

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

14 RIDGEWAY is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £385,000 in September 2021, which was around 4% above the average September 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

14 RIDGEWAY Sold Prices

Land registry data shows five sales for 14 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. The five 14 RIDGEWAY sales were a mix of above the average price, and roughly equal to 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 SEP	£385,000	£369,836	4% above HPI
2018 23 OCT	£352,000	£353,446	Close to HPI
2017 23 JUN	£325,000	£316,107	3% above HPI
2000 15 MAR	£163,500	£96,687	69% above HPI
1997 11 JUN	£78,000	£74,504	5% above HPI

14 RIDGEWAY 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 five 14 RIDGEWAY sales between June 1997 and September 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 October 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 14 RIDGEWAY?

14 RIDGEWAY is 113m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 14 RIDGEWAY lies on this distribution: 59% of detached houses are smaller than 14 RIDGEWAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Cromer.

14 RIDGEWAY: Plot and Title Map

14 RIDGEWAY sits on a plot of roughly 0.147 of an acre, or 597m². The below map shows the location of 14 RIDGEWAY, 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 14 RIDGEWAY). 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 14 RIDGEWAY?

14 RIDGEWAY is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 14 on RIDGEWAY.