55, CROMER ROAD, MUNDESLEY, NORWICH, NR11 8DA - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

55 CROMER ROAD is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £260,000 in June 2017, which was around 18% below the average June 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

55 CROMER ROAD Sold Prices

Land registry data shows two sales for 55 CROMER 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 55 CROMER 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
2017 6 JUN	£260,000	£316,107	18% below HPI
2013 20 SEP	£160,000	£249,381	36% below HPI

55 CROMER 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 55 CROMER ROAD sales from September 2013 and June 2017 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 September 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 55 CROMER ROAD?

55 CROMER ROAD is 60m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Mundesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mundesley, and where 55 CROMER ROAD lies on this distribution: 7% of detached houses are smaller than 55 CROMER ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Mundesley.

55 CROMER ROAD: Plot and Title Map

55 CROMER ROAD sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 55 CROMER 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 55 CROMER 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 55 CROMER ROAD?

55 CROMER ROAD is located in MUNDESLEY, in the NR11 postcode district. The below map shows the position of No. 55 on CROMER ROAD.