5A, COLNE PLACE, CROMER, NR27 9DR - £362,500

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

5A COLNE PLACE is a very small detached house of 73m². It was last sold for £362,500 in March 2021, which was around 2% below the average March 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

5A COLNE PLACE Sold Prices

Land registry data shows two sales for 5A COLNE PLACE 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. One of the two 5A COLNE PLACE sales was for below the average price, whilst the other was for above 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
2021 26 MAR	£362,500	£370,260	2% below HPI
2016 21 OCT	£320,000	£310,406	3% above HPI

5A COLNE PLACE 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 5A COLNE PLACE sales from October 2016 and March 2021 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 October 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5A COLNE PLACE?

5A COLNE PLACE is 73m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 5A COLNE PLACE lies on this distribution: 12% of detached houses are smaller than 5A COLNE PLACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cromer.

5A COLNE PLACE: Plot and Title Map

5A COLNE PLACE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 5A COLNE PLACE, 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 5A COLNE PLACE). 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 5A COLNE PLACE?

5A COLNE PLACE is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 5A on COLNE PLACE.