2, PRIOR BANK ORCHARD, CROMER, NR27 0PB - £340,000

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.

2 PRIOR BANK ORCHARD is a very large detached house of 146m², built sometime between 1983 and 1990, which could now be worth an estimated £588,709. It was last sold for £340,000 in October 2010, which was around 37% above the average October 2010 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

2 PRIOR BANK ORCHARD Sold Prices

Land registry data shows two sales for 2 PRIOR BANK ORCHARD 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 2 PRIOR BANK ORCHARD sales were for above 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
2010 8 OCT	£340,000	£248,812	37% above HPI
2005 18 NOV	£265,000	£218,767	21% above HPI

2 PRIOR BANK ORCHARD 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 PRIOR BANK ORCHARD sales from November 2005 and October 2010 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 2005 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2010 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 2 PRIOR BANK ORCHARD be worth now?

2 PRIOR BANK ORCHARD might now be worth an estimated £588,709.

This is based on house price inflation of 73.1%, between October 2010 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 73.1% inflationary increase is applied to the most recent sale price for 2 PRIOR BANK ORCHARD of £340,000 on 8th October 2010. For the value to have increased from £340,000 to £588,709 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 PRIOR BANK ORCHARD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2010 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIOR BANK ORCHARD has not materially changed since October 2010.

How Large is 2 PRIOR BANK ORCHARD?

2 PRIOR BANK ORCHARD is 146m² according to the EPC inspection conducted in March 2010. This puts it in the largest 20% 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 2 PRIOR BANK ORCHARD lies on this distribution: 84% of detached houses houses are smaller than 2 PRIOR BANK ORCHARD, and 16% of houses are larger. Note that EPC data is not available for all properties in Cromer.

2 PRIOR BANK ORCHARD: Plot and Title Map

2 PRIOR BANK ORCHARD sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of 2 PRIOR BANK ORCHARD, 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 PRIOR BANK ORCHARD). 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 PRIOR BANK ORCHARD?

2 PRIOR BANK ORCHARD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 2 on PRIOR BANK ORCHARD.