23, MORLEY ROAD, SHERINGHAM, NR26 8JE - £280,000

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.

23 MORLEY ROAD is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £417,258. It was last sold for £280,000 in August 2015, which was around 3% below the average August 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

23 MORLEY ROAD Sold Prices

Land registry data shows three sales for 23 MORLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. The three 23 MORLEY ROAD sales were a mix of below the average price, and roughly equal to 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
2015 11 AUG	£280,000	£289,099	3% below HPI
2011 29 SEP	£245,000	£244,206	Close to HPI
2010 5 NOV	£203,000	£249,789	19% below HPI

23 MORLEY 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 three 23 MORLEY ROAD sales between November 2010 and August 2015 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 September 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 23 MORLEY ROAD be worth now?

23 MORLEY ROAD might now be worth an estimated £417,258.

This is based on house price inflation of 49%, between August 2015 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 49% inflationary increase is applied to the most recent sale price for 23 MORLEY ROAD of £280,000 on 11th August 2015. For the value to have increased from £280,000 to £417,258 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 23 MORLEY ROAD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MORLEY ROAD has not materially changed since August 2015.

How Large is 23 MORLEY ROAD?

23 MORLEY ROAD is 62m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 23 MORLEY ROAD lies on this distribution: 2% of detached houses houses are smaller than 23 MORLEY ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

23 MORLEY ROAD: Plot and Title Map

23 MORLEY ROAD sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 23 MORLEY 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 23 MORLEY 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 23 MORLEY ROAD?

23 MORLEY ROAD is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 23 on MORLEY ROAD.