FOUR WINDS, METTON ROAD, CROMER, NR27 9JH - £205,000

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

FOUR WINDS is a very large extended detached house of 194m², built sometime between 1950 and 1966. It was last sold for £205,000 in March 2019, which was around 41% below the average March 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

FOUR WINDS Sold Prices

Land registry data shows two sales for FOUR WINDS 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 FOUR WINDS 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
2019 13 MAR	£205,000	£347,563	41% below HPI
2015 6 OCT	£180,000	£298,998	40% below HPI

FOUR WINDS 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 FOUR WINDS sales from October 2015 and March 2019 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 October 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is FOUR WINDS?

FOUR WINDS is 194m², which includes two extensions, according to the EPC inspection conducted in March 2023. 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 FOUR WINDS lies on this distribution: 96% of detached houses are smaller than FOUR WINDS, and 4% of houses are larger. Note that EPC data is not available for all properties in Cromer.

FOUR WINDS: Plot and Title Map

FOUR WINDS sits on a plot of roughly 0.233 of an acre, or 945m². The below map shows the location of FOUR WINDS, 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 FOUR WINDS). 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 FOUR WINDS?

FOUR WINDS is located on METTON ROAD in CROMER, in the NR27 postcode district. The below map shows the position of FOUR WINDS on METTON ROAD.