7, CROMES OAK CLOSE, PORINGLAND, NORWICH, NR14 7JY - £430,000

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

7 CROMES OAK CLOSE is a midsized extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £430,000 in November 2023, which was around 7% above the average November 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

7 CROMES OAK CLOSE Sold Prices

Land registry data shows two sales for 7 CROMES OAK 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 South Norfolk local authority area for the corresponding sale date. One of the two 7 CROMES OAK CLOSE sales was for above the average price, whilst the other was 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
2023 10 NOV	£430,000	£402,826	7% above HPI
2016 22 JAN	£230,000	£293,224	22% below HPI

7 CROMES OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 7 CROMES OAK CLOSE sales from January 2016 and November 2023 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 January 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 7 CROMES OAK CLOSE?

7 CROMES OAK CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 7 CROMES OAK CLOSE lies on this distribution: 59% of detached houses are smaller than 7 CROMES OAK CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Poringland.

7 CROMES OAK CLOSE: Plot and Title Map

7 CROMES OAK CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 7 CROMES OAK 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 CROMES OAK 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 CROMES OAK CLOSE?

7 CROMES OAK CLOSE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 7 on CROMES OAK CLOSE.