39, RIDGEWAY, CROMER, NR27 0HS - £276,000

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

39 RIDGEWAY is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £276,000 in October 2016, which was around 11% below the average October 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

39 RIDGEWAY Sold Prices

Land registry data shows two sales for 39 RIDGEWAY 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 39 RIDGEWAY 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
2016 28 OCT	£276,000	£310,406	11% below HPI
2007 19 JUL	£240,000	£244,032	2% below HPI

39 RIDGEWAY 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 39 RIDGEWAY sales from July 2007 and October 2016 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 July 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 39 RIDGEWAY?

39 RIDGEWAY is 75m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 39 RIDGEWAY lies on this distribution: 13% of detached houses are smaller than 39 RIDGEWAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Cromer.

39 RIDGEWAY: Plot and Title Map

39 RIDGEWAY sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 39 RIDGEWAY, 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 39 RIDGEWAY). 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 39 RIDGEWAY?

39 RIDGEWAY is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 39 on RIDGEWAY.