3, EAST GROVE, CROMER, NR27 0BL - £325,000

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 EAST GROVE is a midsized extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £325,000 in June 2021, which was around 16% below the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

3 EAST GROVE Sold Prices

Land registry data shows four sales for 3 EAST GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the four 3 EAST GROVE 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
2021 25 JUN	£325,000	£386,352	16% below HPI
2018 3 AUG	£290,349	£355,919	18% below HPI
2004 25 AUG	£250,301	£217,854	15% above HPI
2004 24 AUG	£195,000	£217,854	10% below HPI

3 EAST GROVE 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 four 3 EAST GROVE sales between August 2004 and June 2021 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 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 EAST GROVE?

3 EAST GROVE is 100m², which includes two extensions, according to the EPC inspection conducted in June 2018. 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 EAST GROVE lies on this distribution: 43% of detached houses are smaller than 3 EAST GROVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Cromer.

3 EAST GROVE: Plot and Title Map

3 EAST GROVE sits on a plot of roughly 0.229 of an acre, or 928m². The below map shows the location of 3 EAST GROVE, 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 EAST GROVE). 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 EAST GROVE?

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