4, HILL CLOSE, CROMER, NR27 0HX - £342,500

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 HILL CLOSE is a small extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £415,286. It was last sold for £342,500 in July 2019, which was around 4% below the average July 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

4 HILL CLOSE Sold Prices

Land registry data shows four sales for 4 HILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 4 HILL 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
2019 30 JUL	£342,500	£355,309	4% below HPI
2015 31 JUL	£269,000	£284,630	5% below HPI
2009 12 MAY	£220,000	£222,430	1% below HPI
1998 18 NOV	£74,000	£84,220	12% below HPI

4 HILL 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 four 4 HILL CLOSE sales between November 1998 and July 2019 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 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 4 HILL CLOSE be worth now?

4 HILL CLOSE might now be worth an estimated £415,286.

This is based on house price inflation of 21.3%, between July 2019 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 21.3% inflationary increase is applied to the most recent sale price for 4 HILL CLOSE of £342,500 on 30th July 2019. For the value to have increased from £342,500 to £415,286 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 4 HILL CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2019 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 4 HILL CLOSE has not materially changed since July 2019.

How Large is 4 HILL CLOSE?

4 HILL CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cromer, and where 4 HILL CLOSE lies on this distribution: 39% of detached houses houses are smaller than 4 HILL CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Cromer.

4 HILL CLOSE: Plot and Title Map

4 HILL CLOSE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of 4 HILL 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 HILL 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 HILL CLOSE?

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