56, WOODLAND RISE WEST, SHERINGHAM, NR26 8QL - £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

56 WOODLAND RISE WEST is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £225,000 in January 2015, which was around 16% below the average January 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

56 WOODLAND RISE WEST Sold Prices

Land registry data shows three sales for 56 WOODLAND RISE WEST 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. All of the three 56 WOODLAND RISE WEST 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
2015 30 JAN	£225,000	£268,829	16% below HPI
2002 1 MAR	£50,000	£140,541	64% below HPI
1996 24 JUN	£42,500	£69,145	39% below HPI

56 WOODLAND RISE WEST 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 56 WOODLAND RISE WEST sales between June 1996 and January 2015 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 March 2002 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the January 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 56 WOODLAND RISE WEST?

56 WOODLAND RISE WEST is 93m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 56 WOODLAND RISE WEST lies on this distribution: 26% of detached houses are smaller than 56 WOODLAND RISE WEST, and 73% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

56 WOODLAND RISE WEST: Plot and Title Map

56 WOODLAND RISE WEST sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 56 WOODLAND RISE WEST, 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 56 WOODLAND RISE WEST). 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 56 WOODLAND RISE WEST?

56 WOODLAND RISE WEST is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 56 on WOODLAND RISE WEST.