14, THE RISE, SHERINGHAM, NR26 8QB - £550,000

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 THE RISE is a midsized extended detached house of 113m², built sometime between 1900 and 1929. It was last sold for £550,000 in April 2023, which was around 31% above the average April 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

14 THE RISE Sold Prices

Land registry data shows two sales for 14 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 14 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
2023 13 APR	£550,000	£419,279	31% above HPI
2017 14 NOV	£190,000	£335,916	43% below HPI

14 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 14 THE RISE sales from November 2017 and April 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 November 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2023 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 14 THE RISE?

14 THE RISE is 113m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 14 THE RISE lies on this distribution: 47% of detached houses are smaller than 14 THE RISE, and 53% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

14 THE RISE: Plot and Title Map

14 THE RISE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 14 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 14 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 14 THE RISE?

14 THE RISE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 14 on THE RISE.