4, CARR LANE, OVERSTRAND, CROMER, NR27 0PS - £450,000

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

4 CARR LANE is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £450,000 in February 2022, which was around 6% above the average February 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

4 CARR LANE Sold Prices

Land registry data shows five sales for 4 CARR LANE 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. Most of the five 4 CARR LANE 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
2022 11 FEB	£450,000	£426,083	6% above HPI
2019 21 NOV	£375,000	£358,965	4% above HPI
2012 5 JUL	£225,000	£227,078	1% below HPI
2006 31 JAN	£215,000	£217,525	1% below HPI
1997 4 AUG	£110,000	£74,432	48% above HPI

4 CARR LANE 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 4 CARR LANE sales between August 1997 and February 2022 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 November 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 4 CARR LANE?

4 CARR LANE is 123m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses by size in Overstrand, and where 4 CARR LANE lies on this distribution: 70% of detached houses are smaller than 4 CARR LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Overstrand.

4 CARR LANE: Plot and Title Map

4 CARR LANE sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of 4 CARR LANE, 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 CARR LANE). 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 CARR LANE?

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