4, BEACH CLOSE, OVERSTRAND, CROMER, NR27 0PJ - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 BEACH CLOSE is a very small detached house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £624,073. It was last sold for £550,000 in January 2021, which was around 45% above the average January 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was F, and the potential energy rating was B.

4 BEACH CLOSE Sold Prices

Land registry data shows two sales for 4 BEACH CLOSE 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. One of the two 4 BEACH CLOSE sales was for above the average price, whilst the other was 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 14 JAN	£550,000	£379,682	45% above HPI
2016 19 AUG	£170,000	£310,253	45% below HPI

4 BEACH CLOSE 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 4 BEACH CLOSE sales from August 2016 and January 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 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 4 BEACH CLOSE be worth now?

4 BEACH CLOSE might now be worth an estimated £624,073.

This is based on house price inflation of 13.5%, between January 2021 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.5% inflationary increase is applied to the most recent sale price for 4 BEACH CLOSE of £550,000 on 14th January 2021. For the value to have increased from £550,000 to £624,073 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 BEACH CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BEACH CLOSE has not materially changed since January 2021.

How Large is 4 BEACH CLOSE?

4 BEACH CLOSE is 68m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses houses by size in Overstrand, and where 4 BEACH CLOSE lies on this distribution: 7% of detached houses houses are smaller than 4 BEACH CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Overstrand.

4 BEACH CLOSE: Plot and Title Map

4 BEACH CLOSE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 4 BEACH CLOSE, 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 4 BEACH CLOSE). 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 4 BEACH CLOSE?

4 BEACH CLOSE is located in OVERSTRAND, in the NR27 postcode district. The below map shows the position of No. 4 on BEACH CLOSE.