CROFTWAY, CHURCH CLOSE, WEST RUNTON, CROMER, NR27 9QY - £285,000

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

CROFTWAY is a midsized detached house of 120m², built sometime between 1967 and 1975. It was last sold for £285,000 in January 2013, which was around 15% above the average January 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

CROFTWAY Sold Prices

Land registry data shows three sales for CROFTWAY 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 CROFTWAY 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
2013 21 JAN	£285,000	£247,329	15% above HPI
2006 12 DEC	£267,500	£237,993	12% above HPI
2004 21 DEC	£245,000	£218,071	12% above HPI

CROFTWAY 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 CROFTWAY sales between December 2004 and January 2013 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 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2013 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is CROFTWAY?

CROFTWAY is 120m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% 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 CROFTWAY lies on this distribution: 48% of detached houses are smaller than CROFTWAY, and 51% of houses are larger. Note that EPC data is not available for all properties in West Runton.

CROFTWAY: Plot and Title Map

CROFTWAY sits on a plot of roughly 0.231 of an acre, or 934m². The below map shows the location of CROFTWAY, 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 CROFTWAY). 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 CROFTWAY?

CROFTWAY is located on CHURCH CLOSE in WEST RUNTON, in the NR27 postcode district. The below map shows the position of CROFTWAY on CHURCH CLOSE.