5, HEARTWELL ROAD, CROMER, NR27 0JD - £175,000

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 HEARTWELL ROAD is a very small extended detached house of 58m², built sometime between 1983 and 1990. It was last sold for £175,000 in October 2014, which was around 35% below the average October 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

5 HEARTWELL ROAD Sold Prices

Land registry data shows four sales for 5 HEARTWELL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 5 HEARTWELL ROAD sales were 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
2014 30 OCT	£175,000	£270,209	35% below HPI
2001 3 JUL	£83,500	£123,544	32% below HPI
1997 28 FEB	£42,000	£71,484	41% below HPI
1995 14 JUL	£48,999	£67,781	28% below HPI

5 HEARTWELL ROAD 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 four 5 HEARTWELL ROAD sales between July 1995 and October 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 July 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 5 HEARTWELL ROAD?

5 HEARTWELL ROAD is 58m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 5 HEARTWELL ROAD lies on this distribution: 2% of detached houses are smaller than 5 HEARTWELL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Cromer.

5 HEARTWELL ROAD: Plot and Title Map

5 HEARTWELL ROAD sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 5 HEARTWELL ROAD, 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 HEARTWELL ROAD). 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 HEARTWELL ROAD?

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