3, ARDEN CLOSE, OVERSTRAND, CROMER, NR27 0PH - £375,000

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.

3 ARDEN CLOSE is a midsized extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £469,156. It was last sold for £375,000 in June 2018, which was around 9% above the average June 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

3 ARDEN CLOSE Sold Prices

Land registry data shows three sales for 3 ARDEN CLOSE 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. One of the three 3 ARDEN CLOSE sales was for above the average price, whilst two 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
2018 5 JUN	£375,000	£344,355	9% above HPI
1997 22 AUG	£69,950	£75,152	7% below HPI
1996 21 MAR	£56,000	£65,777	15% below HPI

3 ARDEN CLOSE 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 3 ARDEN CLOSE sales between March 1996 and June 2018 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 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2018 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 ARDEN CLOSE be worth now?

3 ARDEN CLOSE might now be worth an estimated £469,156.

This is based on house price inflation of 25.1%, between June 2018 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 25.1% inflationary increase is applied to the most recent sale price for 3 ARDEN CLOSE of £375,000 on 5th June 2018. For the value to have increased from £375,000 to £469,156 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 3 ARDEN CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ARDEN CLOSE has not materially changed since June 2018.

How Large is 3 ARDEN CLOSE?

3 ARDEN CLOSE is 97m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses houses by size in Overstrand, and where 3 ARDEN CLOSE lies on this distribution: 41% of detached houses houses are smaller than 3 ARDEN CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Overstrand.

3 ARDEN CLOSE: Plot and Title Map

3 ARDEN CLOSE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 3 ARDEN CLOSE, 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 3 ARDEN CLOSE). 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 3 ARDEN CLOSE?

3 ARDEN CLOSE is located in OVERSTRAND, in the NR27 postcode district. The below map shows the position of No. 3 on ARDEN CLOSE.