4, MAYFIELD DRIVE, CROMER, NR27 0HN - £328,750

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 MAYFIELD DRIVE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £328,750 in December 2022, which was around 23% below the average December 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was B.

4 MAYFIELD DRIVE Sold Prices

Land registry data shows four sales for 4 MAYFIELD DRIVE 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 MAYFIELD DRIVE 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
2022 2 DEC	£328,750	£425,916	23% below HPI
2009 9 JUL	£205,000	£222,195	8% below HPI
2006 31 JUL	£178,000	£229,176	22% below HPI
1998 17 APR	£59,500	£81,049	27% below HPI

4 MAYFIELD DRIVE 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 MAYFIELD DRIVE sales between April 1998 and December 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 July 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 MAYFIELD DRIVE?

4 MAYFIELD DRIVE is 72m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% 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 MAYFIELD DRIVE lies on this distribution: 11% of detached houses are smaller than 4 MAYFIELD DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cromer.

4 MAYFIELD DRIVE: Plot and Title Map

4 MAYFIELD DRIVE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 4 MAYFIELD DRIVE, 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 MAYFIELD DRIVE). 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 MAYFIELD DRIVE?

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