7, PRIOR BANK ORCHARD, CROMER, NR27 0PB - £435,000

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 PRIOR BANK ORCHARD is a large detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £583,674. It was last sold for £435,000 in February 2017, which was around 35% above the average February 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

7 PRIOR BANK ORCHARD Sold Prices

Land registry data shows three sales for 7 PRIOR BANK ORCHARD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 7 PRIOR BANK ORCHARD 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
2017 6 FEB	£435,000	£321,079	35% above HPI
2013 16 SEP	£300,000	£251,795	19% above HPI
1999 11 NOV	£160,000	£97,307	64% above HPI

7 PRIOR BANK ORCHARD 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 three 7 PRIOR BANK ORCHARD sales between November 1999 and February 2017 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 2013 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2017 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 7 PRIOR BANK ORCHARD be worth now?

7 PRIOR BANK ORCHARD might now be worth an estimated £583,674.

This is based on house price inflation of 34.2%, between February 2017 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 34.2% inflationary increase is applied to the most recent sale price for 7 PRIOR BANK ORCHARD of £435,000 on 6th February 2017. For the value to have increased from £435,000 to £583,674 over the eight years to February 2025, the following assumptions must hold true:

• The value of 7 PRIOR BANK ORCHARD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The February 2017 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PRIOR BANK ORCHARD has not materially changed since February 2017.

How Large is 7 PRIOR BANK ORCHARD?

7 PRIOR BANK ORCHARD is 133m² according to the EPC inspection conducted in April 2013. This puts it in the largest 30% 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 PRIOR BANK ORCHARD lies on this distribution: 76% of detached houses houses are smaller than 7 PRIOR BANK ORCHARD, and 23% of houses are larger. Note that EPC data is not available for all properties in Cromer.

7 PRIOR BANK ORCHARD: Plot and Title Map

7 PRIOR BANK ORCHARD sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 7 PRIOR BANK ORCHARD, 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 PRIOR BANK ORCHARD). 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 PRIOR BANK ORCHARD?

7 PRIOR BANK ORCHARD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 7 on PRIOR BANK ORCHARD.