CLAREWOOD, CROMER ROAD, WEST RUNTON, CROMER, NR27 9AD - £220,000

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

CLAREWOOD is a small extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £220,000 in October 2015, which was around 26% below the average October 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

CLAREWOOD Sold Prices

Land registry data shows two sales for CLAREWOOD 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. Both of the two CLAREWOOD 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
2015 15 OCT	£220,000	£298,998	26% below HPI
2000 30 JUN	£79,950	£105,679	24% below HPI

CLAREWOOD 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 CLAREWOOD sales from June 2000 and October 2015 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 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is CLAREWOOD?

CLAREWOOD is 103m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% of detached houses in West Runton, based on EPC data. The below chart shows the distribution of detached houses by size in West Runton, and where CLAREWOOD lies on this distribution: 37% of detached houses are smaller than CLAREWOOD, and 63% of houses are larger. Note that EPC data is not available for all properties in West Runton.

CLAREWOOD: Plot and Title Map

CLAREWOOD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of CLAREWOOD, 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 CLAREWOOD). 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 CLAREWOOD?

CLAREWOOD is located on CROMER ROAD in WEST RUNTON, in the NR27 postcode district. The below map shows the position of CLAREWOOD on CROMER ROAD.