48, COMMON LANE, SHERINGHAM, NR26 8PW - £320,000

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

48 COMMON LANE is a midsized extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £320,000 in May 2014, which was around 22% above the average May 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

48 COMMON LANE Sold Prices

Land registry data shows two sales for 48 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 48 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
2014 2 MAY	£320,000	£261,605	22% above HPI
1995 31 OCT	£103,000	£69,858	47% above HPI

48 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 48 COMMON LANE sales from October 1995 and May 2014 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 October 1995 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2014 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 48 COMMON LANE?

48 COMMON LANE is 123m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 48 COMMON LANE lies on this distribution: 55% of detached houses are smaller than 48 COMMON LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

48 COMMON LANE: Plot and Title Map

48 COMMON LANE sits on a plot of roughly 0.384 of an acre, or 1,554m². The below map shows the location of 48 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 48 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 48 COMMON LANE?

48 COMMON LANE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 48 on COMMON LANE.