15, HILL CLOSE, CROMER, NR27 0HX - £345,000

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.

15 HILL CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £430,436. It was last sold for £345,000 in May 2019, which was about the average May 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

15 HILL CLOSE Sold Prices

Land registry data shows two sales for 15 HILL CLOSE 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 15 HILL CLOSE sales was roughly equal to 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
2019 30 MAY	£345,000	£345,305	Close to HPI
2004 16 JAN	£181,000	£196,577	8% below HPI

15 HILL CLOSE 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 15 HILL CLOSE sales from January 2004 and May 2019 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 January 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 HILL CLOSE be worth now?

15 HILL CLOSE might now be worth an estimated £430,436.

This is based on house price inflation of 24.8%, between May 2019 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 24.8% inflationary increase is applied to the most recent sale price for 15 HILL CLOSE of £345,000 on 30th May 2019. For the value to have increased from £345,000 to £430,436 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 15 HILL CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HILL CLOSE has not materially changed since May 2019.

How Large is 15 HILL CLOSE?

15 HILL CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of detached houses houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cromer, and where 15 HILL CLOSE lies on this distribution: 53% of detached houses houses are smaller than 15 HILL CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Cromer.

15 HILL CLOSE: Plot and Title Map

15 HILL CLOSE sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 15 HILL CLOSE, 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 15 HILL CLOSE). 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 15 HILL CLOSE?

15 HILL CLOSE is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 15 on HILL CLOSE.