3, THURST ROAD, OVERSTRAND, CROMER, NR27 0PR - £280,000

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 THURST ROAD is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £280,000 in January 2023, which was around 35% below the average January 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

3 THURST ROAD Sold Prices

Land registry data shows five sales for 3 THURST 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 THURST 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
2023 12 JAN	£280,000	£432,712	35% below HPI
2015 21 MAY	£217,000	£271,039	20% below HPI
2007 27 APR	£159,500	£233,858	32% below HPI
2002 20 DEC	£40,000	£160,453	75% below HPI
2001 24 JUL	£23,000	£123,544	81% below HPI

3 THURST 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 THURST ROAD sales between July 2001 and January 2023 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 May 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 THURST ROAD?

3 THURST ROAD is 75m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses by size in Overstrand, and where 3 THURST ROAD lies on this distribution: 15% of detached houses are smaller than 3 THURST ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Overstrand.

3 THURST ROAD: Plot and Title Map

3 THURST ROAD sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 3 THURST 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 THURST 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 THURST ROAD?

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