28, COMMON LANE, SHERINGHAM, NR26 8PW - £249,000

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.

28 COMMON LANE is a very small extended detached house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £316,284. It was last sold for £249,000 in November 2017, which was around 27% below the average November 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

28 COMMON LANE Sold Prices

Land registry data shows two sales for 28 COMMON 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 28 COMMON 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
2017 14 NOV	£249,000	£339,168	27% below HPI
2016 17 JUN	£210,000	£303,928	31% below HPI

28 COMMON 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 28 COMMON LANE sales from June 2016 and November 2017 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 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 28 COMMON LANE be worth now?

28 COMMON LANE might now be worth an estimated £316,284.

This is based on house price inflation of 27%, between November 2017 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 27% inflationary increase is applied to the most recent sale price for 28 COMMON LANE of £249,000 on 14th November 2017. For the value to have increased from £249,000 to £316,284 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 28 COMMON LANE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2017 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 28 COMMON LANE has not materially changed since November 2017.

How Large is 28 COMMON LANE?

28 COMMON LANE is 70m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 28 COMMON LANE lies on this distribution: 5% of detached houses houses are smaller than 28 COMMON LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

28 COMMON LANE: Plot and Title Map

28 COMMON LANE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 28 COMMON 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 28 COMMON 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 28 COMMON LANE?

28 COMMON LANE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 28 on COMMON LANE.