3, FARM COTTAGES, BEACH ROAD, EAST RUNTON, CROMER, NR27 9PA - £309,000

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 FARM COTTAGES is a very large extended detached house of 165m², built sometime between 1991 and 1995. It was last sold for £309,000 in August 2013, which was around 26% above the average August 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

3 FARM COTTAGES Sold Prices

Land registry data shows two sales for 3 FARM COTTAGES 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 3 FARM COTTAGES sales were for above 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
2013 16 AUG	£309,000	£245,815	26% above HPI
2005 27 JAN	£245,000	£215,620	14% above HPI

3 FARM COTTAGES 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 3 FARM COTTAGES sales from January 2005 and August 2013 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 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2013 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 FARM COTTAGES?

3 FARM COTTAGES is 165m², which includes four extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 20% of detached houses in East Runton, based on EPC data. The below chart shows the distribution of detached houses by size in East Runton, and where 3 FARM COTTAGES lies on this distribution: 81% of detached houses are smaller than 3 FARM COTTAGES, and 19% of houses are larger. Note that EPC data is not available for all properties in East Runton.

3 FARM COTTAGES: Plot and Title Map

3 FARM COTTAGES sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 3 FARM COTTAGES, 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 FARM COTTAGES). 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 FARM COTTAGES?

3 FARM COTTAGES is located on BEACH ROAD in EAST RUNTON, in the NR27 postcode district. The below map shows the position of 3 FARM COTTAGES on BEACH ROAD.