7, GRANGE AVENUE, OVERSTRAND, CROMER, NR27 0ND - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 GRANGE AVENUE is a very small detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £315,545. It was last sold for £285,000 in November 2020, which was around 27% below the average November 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

7 GRANGE AVENUE Sold Prices

Land registry data shows four sales for 7 GRANGE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 7 GRANGE AVENUE 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
2020 9 NOV	£285,000	£389,113	27% below HPI
2014 23 SEP	£215,000	£268,997	20% below HPI
2001 24 APR	£97,000	£116,928	17% below HPI
1998 15 JUL	£67,500	£85,357	21% below HPI

7 GRANGE AVENUE 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 four 7 GRANGE AVENUE sales between July 1998 and November 2020 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 September 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 7 GRANGE AVENUE be worth now?

7 GRANGE AVENUE might now be worth an estimated £315,545.

This is based on house price inflation of 10.7%, between November 2020 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 10.7% inflationary increase is applied to the most recent sale price for 7 GRANGE AVENUE of £285,000 on 9th November 2020. For the value to have increased from £285,000 to £315,545 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 GRANGE AVENUE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRANGE AVENUE has not materially changed since November 2020.

How Large is 7 GRANGE AVENUE?

7 GRANGE AVENUE is 71m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses houses by size in Overstrand, and where 7 GRANGE AVENUE lies on this distribution: 11% of detached houses houses are smaller than 7 GRANGE AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Overstrand.

7 GRANGE AVENUE: Plot and Title Map

7 GRANGE AVENUE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 7 GRANGE AVENUE, 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 GRANGE AVENUE). 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 GRANGE AVENUE?

7 GRANGE AVENUE is located in OVERSTRAND, in the NR27 postcode district. The below map shows the position of No. 7 on GRANGE AVENUE.