7, BRIDGE CLOSE, CROMER, NR27 0FJ - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 BRIDGE CLOSE is a small detached house of 88m², which could now be worth an estimated £331,614. It was last sold for £325,000 in October 2024, which was around 23% below the average October 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was B.

7 BRIDGE CLOSE Sold Prices

Land registry data shows two sales for 7 BRIDGE CLOSE 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 7 BRIDGE CLOSE 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
2024 18 OCT	£325,000	£422,224	23% below HPI
2017 22 DEC	£245,000	£340,655	28% below HPI

7 BRIDGE CLOSE 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 7 BRIDGE CLOSE sales from December 2017 and October 2024 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 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 7 BRIDGE CLOSE be worth now?

7 BRIDGE CLOSE might now be worth an estimated £331,614.

This is based on house price inflation of 2%, between October 2024 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for 7 BRIDGE CLOSE of £325,000 on 18th October 2024. For the value to have increased from £325,000 to £331,614 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 7 BRIDGE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BRIDGE CLOSE has not materially changed since October 2024.

How Large is 7 BRIDGE CLOSE?

7 BRIDGE CLOSE is 88m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% of detached houses houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cromer, and where 7 BRIDGE CLOSE lies on this distribution: 30% of detached houses houses are smaller than 7 BRIDGE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Cromer.

7 BRIDGE CLOSE: Plot and Title Map

7 BRIDGE CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 7 BRIDGE CLOSE, 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 7 BRIDGE CLOSE). 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 7 BRIDGE CLOSE?

7 BRIDGE CLOSE is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 7 on BRIDGE CLOSE.