42, COMMON LANE, SHERINGHAM, NR26 8PW - £445,000

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.

42 COMMON LANE is a large extended detached house of 141m², built sometime between 1900 and 1929, which could now be worth an estimated £547,179. It was last sold for £445,000 in August 2019, which was around 27% above the average August 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

42 COMMON LANE Sold Prices

Land registry data shows two sales for 42 COMMON LANE 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 42 COMMON LANE 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
2019 30 AUG	£445,000	£350,367	27% above HPI
2017 25 APR	£325,000	£319,937	2% above HPI

42 COMMON LANE 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 42 COMMON LANE sales from April 2017 and August 2019 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 April 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2019 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 42 COMMON LANE be worth now?

42 COMMON LANE might now be worth an estimated £547,179.

This is based on house price inflation of 23%, between August 2019 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 23% inflationary increase is applied to the most recent sale price for 42 COMMON LANE of £445,000 on 30th August 2019. For the value to have increased from £445,000 to £547,179 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 42 COMMON LANE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2019 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 42 COMMON LANE has not materially changed since August 2019.

How Large is 42 COMMON LANE?

42 COMMON LANE is 141m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 42 COMMON LANE lies on this distribution: 69% of detached houses houses are smaller than 42 COMMON LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

42 COMMON LANE: Plot and Title Map

42 COMMON LANE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 42 COMMON LANE, 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 42 COMMON LANE). 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 42 COMMON LANE?

42 COMMON LANE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 42 on COMMON LANE.