54, MILL ROAD, CROMER, NR27 0BH - £225,000

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

54 MILL ROAD is a small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £225,000 in September 2014, which was around 16% below the average September 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

54 MILL ROAD Sold Prices

Land registry data shows two sales for 54 MILL ROAD 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 54 MILL 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 3 SEP	£225,000	£266,419	16% below HPI
1996 30 AUG	£28,000	£67,693	59% below HPI

54 MILL 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 two 54 MILL ROAD sales from August 1996 and September 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 August 1996 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the September 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 54 MILL ROAD?

54 MILL ROAD is 87m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the smallest 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 54 MILL ROAD lies on this distribution: 28% of detached houses are smaller than 54 MILL ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Cromer.

54 MILL ROAD: Plot and Title Map

54 MILL ROAD sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 54 MILL 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 54 MILL 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 54 MILL ROAD?

54 MILL ROAD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 54 on MILL ROAD.