15, PAULS LANE, OVERSTRAND, CROMER, NR27 0PF - £172,500

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

15 PAULS LANE is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £172,500 in November 2006, which was around 26% below the average November 2006 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

15 PAULS LANE Sold Prices

Land registry data shows two sales for 15 PAULS LANE 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. Both of the two 15 PAULS LANE sales were 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
2006 17 NOV	£172,500	£232,229	26% below HPI
1997 4 JUL	£54,500	£73,957	26% below HPI

15 PAULS LANE 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 PAULS LANE sales from July 1997 and November 2006 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 July 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2006 sale, which was also at 26% below the HPI.

How Large is 15 PAULS LANE?

15 PAULS LANE is 60m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses by size in Overstrand, and where 15 PAULS LANE lies on this distribution: 3% of detached houses are smaller than 15 PAULS LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Overstrand.

15 PAULS LANE: Plot and Title Map

15 PAULS LANE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 15 PAULS LANE, 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 PAULS LANE). 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 PAULS LANE?

15 PAULS LANE is located in OVERSTRAND, in the NR27 postcode district. The below map shows the position of No. 15 on PAULS LANE.