8, CREMERS DRIFT, SHERINGHAM, NR26 8HX - £202,000

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.

8 CREMERS DRIFT is a small detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £369,510. It was last sold for £202,000 in May 2012, which was around 14% below the average May 2012 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

8 CREMERS DRIFT Sold Prices

Land registry data shows three sales for 8 CREMERS DRIFT 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 8 CREMERS DRIFT 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
2012 10 MAY	£202,000	£235,515	14% below HPI
2006 3 MAR	£207,500	£222,284	7% below HPI
2002 31 JUL	£142,500	£157,701	10% below HPI

8 CREMERS DRIFT 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 8 CREMERS DRIFT sales between July 2002 and May 2012 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 March 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 CREMERS DRIFT be worth now?

8 CREMERS DRIFT might now be worth an estimated £369,510.

This is based on house price inflation of 82.9%, between May 2012 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 82.9% inflationary increase is applied to the most recent sale price for 8 CREMERS DRIFT of £202,000 on 10th May 2012. For the value to have increased from £202,000 to £369,510 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 8 CREMERS DRIFT has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2012 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CREMERS DRIFT has not materially changed since May 2012.

How Large is 8 CREMERS DRIFT?

8 CREMERS DRIFT is 97m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 8 CREMERS DRIFT lies on this distribution: 33% of detached houses houses are smaller than 8 CREMERS DRIFT, and 67% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

8 CREMERS DRIFT: Plot and Title Map

8 CREMERS DRIFT sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 8 CREMERS DRIFT, 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 8 CREMERS DRIFT). 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 8 CREMERS DRIFT?

8 CREMERS DRIFT is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 8 on CREMERS DRIFT.