4, FRANCIS CLOSE, CROMER, NR27 0HR - £173,950

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 FRANCIS CLOSE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £173,950 in May 2012, which was around 25% below the average May 2012 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

4 FRANCIS CLOSE Sold Prices

Land registry data shows two sales for 4 FRANCIS 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. Both of the two 4 FRANCIS CLOSE 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
2012 28 MAY	£173,950	£233,257	25% below HPI
1998 24 APR	£55,950	£81,049	31% below HPI

4 FRANCIS 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 FRANCIS CLOSE sales from April 1998 and May 2012 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 April 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2012 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 FRANCIS CLOSE?

4 FRANCIS CLOSE is 62m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 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 FRANCIS CLOSE lies on this distribution: 4% of detached houses are smaller than 4 FRANCIS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cromer.

4 FRANCIS CLOSE: Plot and Title Map

4 FRANCIS CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 4 FRANCIS 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 FRANCIS 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 FRANCIS CLOSE?

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