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

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 MAYFIELD DRIVE is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £329,346. It was last sold for £328,750 in December 2022, which was around 24% 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	£430,038	24% below HPI
2009 9 JUL	£205,000	£224,345	9% below HPI
2006 31 JUL	£178,000	£231,394	23% below HPI
1998 17 APR	£59,500	£81,834	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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 MAYFIELD DRIVE be worth now?

4 MAYFIELD DRIVE might now be worth an estimated £329,346.

This is based on house price inflation of 0.2%, between December 2022 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 0.2% inflationary increase is applied to the most recent sale price for 4 MAYFIELD DRIVE of £328,750 on 2nd December 2022. For the value to have increased from £328,750 to £329,346 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 MAYFIELD DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2022 sale price of £328,750 represented a fair market value for the property.
• The size, condition, and specification of 4 MAYFIELD DRIVE has not materially changed since December 2022.

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 houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cromer, and where 4 MAYFIELD DRIVE lies on this distribution: 10% of detached houses houses are smaller than 4 MAYFIELD DRIVE, and 89% 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.