6, THE RISE, SHERINGHAM, NR26 8QA - £387,000

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

6 THE RISE is a large extended detached house of 130m², built sometime between 1900 and 1929. It was last sold for £387,000 in July 2016, which was around 27% above the average July 2016 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.

6 THE RISE Sold Prices

Land registry data shows two sales for 6 THE RISE 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 6 THE RISE sales were 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
2016 22 JUL	£387,000	£304,850	27% above HPI
2015 8 DEC	£371,500	£295,013	26% above HPI

6 THE RISE 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 6 THE RISE sales from December 2015 and July 2016 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 December 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2016 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 6 THE RISE?

6 THE RISE is 130m², which includes three extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 6 THE RISE lies on this distribution: 61% of detached houses are smaller than 6 THE RISE, and 38% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

6 THE RISE: Plot and Title Map

6 THE RISE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 6 THE RISE, 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 6 THE RISE). 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 6 THE RISE?

6 THE RISE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 6 on THE RISE.