3, BAILEY ROAD, CROMER, NR27 0JQ - £212,500

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

3 BAILEY ROAD is a midsized detached house of 99m², built sometime between 1976 and 1982. It was last sold for £212,500 in November 2014, which was around 23% below the average November 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

3 BAILEY ROAD Sold Prices

Land registry data shows five sales for 3 BAILEY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 3 BAILEY ROAD 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
2014 24 NOV	£212,500	£275,432	23% below HPI
2014 24 JAN	£197,500	£251,110	21% below HPI
2006 7 JUL	£193,000	£229,176	16% below HPI
2000 25 JUL	£89,950	£106,938	16% below HPI
1996 24 APR	£58,000	£69,530	17% below HPI

3 BAILEY 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 five 3 BAILEY ROAD sales between April 1996 and November 2014 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 January 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 BAILEY ROAD?

3 BAILEY ROAD is 99m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 3 BAILEY ROAD lies on this distribution: 42% of detached houses are smaller than 3 BAILEY ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Cromer.

3 BAILEY ROAD: Plot and Title Map

3 BAILEY ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 BAILEY 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 3 BAILEY 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 3 BAILEY ROAD?

3 BAILEY ROAD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 3 on BAILEY ROAD.