COROFIN, CROSS ROAD, SWANTON ABBOTT, NORWICH, NR10 5DT - £785,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

COROFIN is a very large detached house of 237m², built sometime between 1996 and 2002. It was last sold for £785,000 in July 2023, which was around 76% above the average July 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

COROFIN Sold Prices

Land registry data shows four sales for COROFIN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four COROFIN 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
2023 27 JUL	£785,000	£447,047	76% above HPI
2020 30 SEP	£580,000	£377,670	54% above HPI
2010 1 NOV	£412,500	£249,789	65% above HPI
2006 17 FEB	£390,000	£220,553	77% above HPI

COROFIN 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 four COROFIN sales between February 2006 and July 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 September 2020 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2023 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might COROFIN be worth now?

COROFIN might now be worth an estimated £739,059.

This is based on house price deflation of 5.9%, between July 2023 and December 2024, 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 5.9% deflationary decrease is applied to the most recent sale price for COROFIN of £785,000 on 27th July 2023. For the value to have decreased from £785,000 to £739,059 over the seven months to December 2024, the following assumptions must hold true:

• The value of COROFIN has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2023 sale price of £785,000 represented a fair market value for the property.
• The size, condition, and specification of COROFIN has not materially changed since July 2023.

How Large is COROFIN?

COROFIN is 237m² according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses houses in Swanton Abbott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swanton Abbott, and where COROFIN lies on this distribution: 94% of detached houses houses are smaller than COROFIN, and 6% of houses are larger. Note that EPC data is not available for all properties in Swanton Abbott.

COROFIN: Plot and Title Map

COROFIN sits on a plot of roughly 0.436 of an acre, or 1,764m². The below map shows the location of COROFIN, 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 COROFIN). 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 COROFIN?

COROFIN is located on CROSS ROAD in SWANTON ABBOTT, in the NR10 postcode district. The below map shows the position of COROFIN on CROSS ROAD.