4, COLNE PLACE, CROMER, NR27 9DR - £405,000

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 COLNE PLACE is a very large extended detached house of 167m², built sometime between 1930 and 1949. It was last sold for £405,000 in June 2024, which was around 2% below the average June 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

4 COLNE PLACE Sold Prices

Land registry data shows two sales for 4 COLNE PLACE 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 COLNE PLACE sales was for below the average price, whilst the other was 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
2024 7 JUN	£405,000	£413,706	2% below HPI
1995 30 JAN	£98,950	£79,173	25% above HPI

4 COLNE PLACE 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 COLNE PLACE sales from January 1995 and June 2024 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 January 1995 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 COLNE PLACE?

4 COLNE PLACE is 167m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 4 COLNE PLACE lies on this distribution: 91% of detached houses are smaller than 4 COLNE PLACE, and 9% of houses are larger. Note that EPC data is not available for all properties in Cromer.

4 COLNE PLACE: Plot and Title Map

4 COLNE PLACE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 4 COLNE PLACE, 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 COLNE PLACE). 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 COLNE PLACE?

4 COLNE PLACE is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 4 on COLNE PLACE.