5, BRIDGE CLOSE, CROMER, NR27 0FJ - £435,000

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

5 BRIDGE CLOSE is a large detached house of 126m². It was last sold for £435,000 in October 2022, which was around 1% above the average October 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was B.

5 BRIDGE CLOSE Sold Prices

Land registry data shows three sales for 5 BRIDGE CLOSE 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. Two of the three 5 BRIDGE CLOSE sales were for above the average price, whilst one was for below 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 20 OCT	£435,000	£429,331	1% above HPI
2017 4 JAN	£304,000	£313,296	3% below HPI
2015 8 OCT	£741,000	£298,998	148% above HPI

5 BRIDGE CLOSE 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 5 BRIDGE CLOSE sales between October 2015 and October 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 January 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 BRIDGE CLOSE?

5 BRIDGE CLOSE is 126m² according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 5 BRIDGE CLOSE lies on this distribution: 71% of detached houses are smaller than 5 BRIDGE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Cromer.

5 BRIDGE CLOSE: Plot and Title Map

5 BRIDGE CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 5 BRIDGE CLOSE, 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 5 BRIDGE CLOSE). 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 5 BRIDGE CLOSE?

5 BRIDGE CLOSE is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 5 on BRIDGE CLOSE.