CROFT HOUSE, THE CROFT, CROMER, NR27 9EH - £436,000

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.

CROFT HOUSE is a very large extended detached house of 148m², built sometime between 1900 and 1929, which could now be worth an estimated £497,355. It was last sold for £436,000 in September 2020, which was around 15% above the average September 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

CROFT HOUSE Sold Prices

Land registry data shows two sales for CROFT HOUSE 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 CROFT HOUSE 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
2020 4 SEP	£436,000	£377,670	15% above HPI
2004 14 DEC	£240,000	£220,182	9% above HPI

CROFT HOUSE 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 CROFT HOUSE sales from December 2004 and September 2020 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 December 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might CROFT HOUSE be worth now?

CROFT HOUSE might now be worth an estimated £497,355.

This is based on house price inflation of 14.1%, between September 2020 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 14.1% inflationary increase is applied to the most recent sale price for CROFT HOUSE of £436,000 on 4th September 2020. For the value to have increased from £436,000 to £497,355 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of CROFT HOUSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2020 sale price of £436,000 represented a fair market value for the property.
• The size, condition, and specification of CROFT HOUSE has not materially changed since September 2020.

How Large is CROFT HOUSE?

CROFT HOUSE is 148m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cromer, and where CROFT HOUSE lies on this distribution: 85% of detached houses houses are smaller than CROFT HOUSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Cromer.

CROFT HOUSE: Plot and Title Map

CROFT HOUSE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of CROFT HOUSE, 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 CROFT HOUSE). 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 CROFT HOUSE?

CROFT HOUSE is located on THE CROFT in CROMER, in the NR27 postcode district. The below map shows the position of CROFT HOUSE on THE CROFT.