40, HILLSIDE, CROMER, NR27 0HY - £551,500

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.

40 HILLSIDE is a very large detached house of 164m², which could now be worth an estimated £555,122. It was last sold for £551,500 in May 2022, which was around 29% 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.

40 HILLSIDE Sold Prices

Land registry data shows three sales for 40 HILLSIDE since 1^st 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	£428,006	29% above HPI
2021 14 MAY	£470,000	£380,164	24% above HPI
2017 15 SEP	£400,000	£334,341	20% above HPI

40 HILLSIDE 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 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 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 40 HILLSIDE be worth now?

40 HILLSIDE might now be worth an estimated £555,122.

This is based on house price inflation of 0.7%, between May 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 0.7% inflationary increase is applied to the most recent sale price for 40 HILLSIDE of £551,500 on 6th May 2022. For the value to have increased from £551,500 to £555,122 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 40 HILLSIDE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2022 sale price of £551,500 represented a fair market value for the property.
• The size, condition, and specification of 40 HILLSIDE has not materially changed since May 2022.

How Large is 40 HILLSIDE?

40 HILLSIDE is 164m² according to the EPC inspection conducted in February 2020. This puts it in the largest 10% 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 40 HILLSIDE lies on this distribution: 91% of detached houses houses are smaller than 40 HILLSIDE, and 9% of houses are larger. Note that EPC data is not available for all properties in Cromer.

40 HILLSIDE: Plot and Title Map

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.

Where is 40 HILLSIDE?

40 HILLSIDE is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 40 on HILLSIDE.