4, THE PADDOCK, TOP COMMON, EAST RUNTON, CROMER, NR27 9PR - £428,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 THE PADDOCK is a very large detached house of 209m², built sometime between 1983 and 1990, which could now be worth an estimated £543,622. It was last sold for £428,000 in October 2017, which was around 26% above the average October 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

4 THE PADDOCK Sold Prices

Land registry data shows two sales for 4 THE PADDOCK 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 THE PADDOCK sales were 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
2017 19 OCT	£428,000	£339,187	26% above HPI
1996 15 NOV	£139,000	£72,523	92% above HPI

4 THE PADDOCK 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 THE PADDOCK sales from November 1996 and October 2017 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 November 1996 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the October 2017 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 4 THE PADDOCK be worth now?

4 THE PADDOCK might now be worth an estimated £543,622.

This is based on house price inflation of 27%, between October 2017 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 27% inflationary increase is applied to the most recent sale price for 4 THE PADDOCK of £428,000 on 19th October 2017. For the value to have increased from £428,000 to £543,622 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 THE PADDOCK has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2017 sale price of £428,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE PADDOCK has not materially changed since October 2017.

How Large is 4 THE PADDOCK?

4 THE PADDOCK is 209m² according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses houses in East Runton, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Runton, and where 4 THE PADDOCK lies on this distribution: 95% of detached houses houses are smaller than 4 THE PADDOCK, and 5% of houses are larger. Note that EPC data is not available for all properties in East Runton.

4 THE PADDOCK: Plot and Title Map

4 THE PADDOCK sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 4 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

4 THE PADDOCK is located on TOP COMMON in EAST RUNTON, in the NR27 postcode district. The below map shows the position of 4 THE PADDOCK on TOP COMMON.