CRIMOND, NORWICH ROAD, CROMER, NR27 0HG - £70,000

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

CRIMOND is a very large detached house of 214m². It was last sold for £70,000 in June 2016, which was around 77% below the average June 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was B.

CRIMOND Sold Prices

Land registry data shows four sales for CRIMOND 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 CRIMOND 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
2016 13 JUN	£70,000	£301,014	77% below HPI
2004 22 MAR	£95,000	£195,139	51% below HPI
2000 28 JUL	£45,000	£106,938	58% below HPI
1999 1 OCT	£34,000	£96,668	65% below HPI

CRIMOND 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 CRIMOND sales between October 1999 and June 2016 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 2004 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the June 2016 sale, where it falls to 77% below the HPI. The line then continues to track at 77% below the HPI.

How Large is CRIMOND?

CRIMOND is 214m² according to the EPC inspection conducted in July 2020. This puts it in the largest 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 CRIMOND lies on this distribution: 98% of detached houses are smaller than CRIMOND, and 2% of houses are larger. Note that EPC data is not available for all properties in Cromer.

CRIMOND: Plot and Title Map

CRIMOND sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of CRIMOND, 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 CRIMOND). 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 CRIMOND?

CRIMOND is located on NORWICH ROAD in CROMER, in the NR27 postcode district. The below map shows the position of CRIMOND on NORWICH ROAD.