162, CROMER ROAD, MUNDESLEY, NORWICH, NR11 8DF - £195,000

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.

162 CROMER ROAD is a small detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £312,111. It was last sold for £195,000 in June 2014, which was around 28% below the average June 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was B.

162 CROMER ROAD Sold Prices

Land registry data shows five sales for 162 CROMER ROAD 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. Most of the five 162 CROMER ROAD 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
2014 27 JUN	£195,000	£269,165	28% below HPI
2010 9 JUN	£199,950	£249,549	20% below HPI
2007 5 JUN	£233,000	£243,483	4% below HPI
2003 19 NOV	£160,000	£188,217	15% below HPI
2001 8 NOV	£135,000	£133,099	1% above HPI

162 CROMER ROAD 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 162 CROMER ROAD sales between November 2001 and June 2014 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 June 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 162 CROMER ROAD be worth now?

162 CROMER ROAD might now be worth an estimated £312,111.

This is based on house price inflation of 60.1%, between June 2014 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 60.1% inflationary increase is applied to the most recent sale price for 162 CROMER ROAD of £195,000 on 27th June 2014. For the value to have increased from £195,000 to £312,111 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 162 CROMER ROAD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2014 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 162 CROMER ROAD has not materially changed since June 2014.

How Large is 162 CROMER ROAD?

162 CROMER ROAD is 91m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% of detached houses houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mundesley, and where 162 CROMER ROAD lies on this distribution: 40% of detached houses houses are smaller than 162 CROMER ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

162 CROMER ROAD: Plot and Title Map

162 CROMER ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 162 CROMER ROAD, 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 162 CROMER ROAD). 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 162 CROMER ROAD?

162 CROMER ROAD is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 162 on CROMER ROAD.