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 STEVENS ROAD is a midsized detached house of 108m², built sometime between 1950 and 1966. It was last sold for £315,000 in May 2024, which was around 23% below the average May 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 STEVENS ROAD since 1st 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 STEVENS ROAD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2024 24 MAY | £315,000 | £409,851 | 23% below HPI |
1997 15 OCT | £87,500 | £77,999 | 12% above HPI |
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 STEVENS ROAD sales from October 1997 and May 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 October 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
7 STEVENS ROAD is 108m² according to the EPC inspection conducted in December 2023. This puts it in the largest 50% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 7 STEVENS ROAD lies on this distribution: 53% of detached houses are smaller than 7 STEVENS ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Cromer.
7 STEVENS ROAD sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 7 STEVENS ROAD, 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 STEVENS ROAD). 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.
7 STEVENS ROAD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 7 on STEVENS ROAD.