8, GREENFIELD CLOSE, CROMER, NR27 0HT - £300,000

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

8 GREENFIELD CLOSE is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £300,000 in January 2023, which was around 31% below the average January 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

8 GREENFIELD CLOSE Sold Prices

Land registry data shows three sales for 8 GREENFIELD CLOSE 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 GREENFIELD CLOSE 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
2023 5 JAN	£300,000	£432,712	31% below HPI
2019 8 MAR	£220,000	£347,563	37% below HPI
1995 10 JAN	£52,750	£79,173	33% below HPI

8 GREENFIELD CLOSE 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 GREENFIELD CLOSE sales between January 1995 and January 2023 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 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 GREENFIELD CLOSE?

8 GREENFIELD CLOSE is 65m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 8 GREENFIELD CLOSE lies on this distribution: 6% of detached houses are smaller than 8 GREENFIELD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cromer.

8 GREENFIELD CLOSE: Plot and Title Map

8 GREENFIELD CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 8 GREENFIELD CLOSE, 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 GREENFIELD CLOSE). 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 GREENFIELD CLOSE?

8 GREENFIELD CLOSE is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 8 on GREENFIELD CLOSE.