FIELDSIDE, PARK LANE, CROMER, NR27 0ED - £300,000

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

FIELDSIDE is a small detached house of 92m², built sometime before 1900. It was last sold for £300,000 in January 2017, which was around 4% below the average January 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

FIELDSIDE Sold Prices

Land registry data shows four sales for FIELDSIDE 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. Most of the four FIELDSIDE 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
2017 20 JAN	£300,000	£313,296	4% below HPI
2005 13 DEC	£185,000	£219,365	16% below HPI
1997 26 SEP	£88,000	£75,402	17% above HPI
1995 7 JUL	£42,000	£67,781	38% below HPI

FIELDSIDE 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 FIELDSIDE sales between July 1995 and January 2017 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 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is FIELDSIDE?

FIELDSIDE is 92m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where FIELDSIDE lies on this distribution: 35% of detached houses are smaller than FIELDSIDE, and 64% of houses are larger. Note that EPC data is not available for all properties in Cromer.

FIELDSIDE: Plot and Title Map

FIELDSIDE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of FIELDSIDE, 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 FIELDSIDE). 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 FIELDSIDE?

FIELDSIDE is located on PARK LANE in CROMER, in the NR27 postcode district. The below map shows the position of FIELDSIDE on PARK LANE.