38, OVERSTRAND ROAD, CROMER, NR27 0AJ - £485,000

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

38 OVERSTRAND ROAD is a large detached house of 122m², built sometime between 1950 and 1966. It was last sold for £485,000 in October 2019, which was around 36% above the average October 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

38 OVERSTRAND ROAD Sold Prices

Land registry data shows two sales for 38 OVERSTRAND ROAD 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 38 OVERSTRAND ROAD 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
2019 24 OCT	£485,000	£355,649	36% above HPI
2015 25 AUG	£311,000	£286,328	9% above HPI

38 OVERSTRAND 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 two 38 OVERSTRAND ROAD sales from August 2015 and October 2019 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 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2019 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 38 OVERSTRAND ROAD?

38 OVERSTRAND ROAD is 122m² according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 38 OVERSTRAND ROAD lies on this distribution: 67% of detached houses are smaller than 38 OVERSTRAND ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Cromer.

38 OVERSTRAND ROAD: Plot and Title Map

38 OVERSTRAND ROAD sits on a plot of roughly 0.205 of an acre, or 828m². The below map shows the location of 38 OVERSTRAND 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 38 OVERSTRAND 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 38 OVERSTRAND ROAD?

38 OVERSTRAND ROAD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 38 on OVERSTRAND ROAD.