7, PAULS LANE, OVERSTRAND, CROMER, NR27 0PE - £325,000

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

7 PAULS LANE is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £325,000 in July 2018, which was around 7% below the average July 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

7 PAULS LANE Sold Prices

Land registry data shows two sales for 7 PAULS LANE 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 7 PAULS LANE sales was for below the average price, whilst the other was roughly equal to 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
2018 13 JUL	£325,000	£348,314	7% below HPI
1998 8 JUN	£84,950	£85,067	Close to HPI

7 PAULS LANE 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 PAULS LANE sales from June 1998 and July 2018 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 June 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 PAULS LANE?

7 PAULS LANE is 79m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Overstrand, based on EPC data. The below chart shows the distribution of detached houses by size in Overstrand, and where 7 PAULS LANE lies on this distribution: 17% of detached houses are smaller than 7 PAULS LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Overstrand.

7 PAULS LANE: Plot and Title Map

7 PAULS LANE sits on a plot of roughly 0.355 of an acre, or 1,439m². The below map shows the location of 7 PAULS LANE, 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 PAULS LANE). 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 PAULS LANE?

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