FARLEIGHS, NORWICH ROAD, CROMER, NR27 0HF - £385,000

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

FARLEIGHS is a midsized extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £385,000 in March 2022, which was around 9% below the average March 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

FARLEIGHS Sold Prices

Land registry data shows four sales for FARLEIGHS 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 FARLEIGHS 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
2022 18 MAR	£385,000	£423,590	9% below HPI
2018 5 MAR	£280,000	£339,604	18% below HPI
2006 23 OCT	£197,000	£233,119	15% below HPI
1999 21 MAY	£69,500	£83,821	17% below HPI

FARLEIGHS 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 FARLEIGHS sales between May 1999 and March 2022 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 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is FARLEIGHS?

FARLEIGHS is 108m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where FARLEIGHS lies on this distribution: 53% of detached houses are smaller than FARLEIGHS, and 46% of houses are larger. Note that EPC data is not available for all properties in Cromer.

FARLEIGHS: Plot and Title Map

FARLEIGHS sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of FARLEIGHS, 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 FARLEIGHS). 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 FARLEIGHS?

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