2, CREMERS DRIFT, SHERINGHAM, NR26 8HX - £402,500

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

2 CREMERS DRIFT is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £402,500 in February 2019, which was around 15% above the average February 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

2 CREMERS DRIFT Sold Prices

Land registry data shows two sales for 2 CREMERS DRIFT 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 2 CREMERS DRIFT 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
2019 14 FEB	£402,500	£349,463	15% above HPI
2011 23 AUG	£220,000	£242,490	9% below HPI

2 CREMERS DRIFT 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 2 CREMERS DRIFT sales from August 2011 and February 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 August 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 CREMERS DRIFT?

2 CREMERS DRIFT is 139m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 40% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 2 CREMERS DRIFT lies on this distribution: 67% of detached houses are smaller than 2 CREMERS DRIFT, and 32% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

2 CREMERS DRIFT: Plot and Title Map

2 CREMERS DRIFT sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of 2 CREMERS DRIFT, 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 2 CREMERS DRIFT). 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 2 CREMERS DRIFT?

2 CREMERS DRIFT is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 2 on CREMERS DRIFT.