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
40 HILLSIDE is a very large detached house of 164m². It was last sold for £551,500 in May 2022, which was around 30% above the average May 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 40 HILLSIDE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 40 HILLSIDE 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 |
---|---|---|---|
2022 6 MAY | £551,500 | £423,902 | 30% above HPI |
2021 14 MAY | £470,000 | £376,519 | 25% above HPI |
2017 15 SEP | £400,000 | £331,136 | 21% above HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 40 HILLSIDE sales between September 2017 and May 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 May 2021 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.
40 HILLSIDE is 164m² according to the EPC inspection conducted in February 2020. This puts it in the largest 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 40 HILLSIDE lies on this distribution: 90% of detached houses are smaller than 40 HILLSIDE, and 10% of houses are larger. Note that EPC data is not available for all properties in Cromer.
40 HILLSIDE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 40 HILLSIDE, 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 40 HILLSIDE). 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.
40 HILLSIDE is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 40 on HILLSIDE.