GEORGE HOUSE, NEWELL CRESCENT, WEST RUNTON, CROMER, NR27 9QR - £565,000

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.

GEORGE HOUSE is a large detached house of 152m², built sometime between 2007 and 2011, which could now be worth an estimated £555,748. It was last sold for £565,000 in October 2023, which was around 29% above the average October 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

GEORGE HOUSE Sold Prices

Land registry data shows three sales for GEORGE HOUSE 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 GEORGE 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
2023 30 OCT	£565,000	£437,989	29% above HPI
2021 22 JUN	£505,000	£390,091	29% above HPI
2014 16 JAN	£325,000	£253,541	28% above HPI

GEORGE 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 three GEORGE HOUSE sales between January 2014 and October 2023 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 June 2021 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2023 sale, which was also at 29% above the HPI.

What might GEORGE HOUSE be worth now?

GEORGE HOUSE might now be worth an estimated £555,748.

This is based on house price deflation of 1.6%, between October 2023 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 1.6% deflationary decrease is applied to the most recent sale price for GEORGE HOUSE of £565,000 on 30th October 2023. For the value to have decreased from £565,000 to £555,748 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of GEORGE HOUSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2023 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of GEORGE HOUSE has not materially changed since October 2023.

How Large is GEORGE HOUSE?

GEORGE HOUSE is 152m² according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses houses in West Runton, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Runton, and where GEORGE HOUSE lies on this distribution: 71% of detached houses houses are smaller than GEORGE HOUSE, and 29% of houses are larger. Note that EPC data is not available for all properties in West Runton.

GEORGE HOUSE: Plot and Title Map

GEORGE HOUSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of GEORGE 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 GEORGE 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 GEORGE HOUSE?

GEORGE HOUSE is located on NEWELL CRESCENT in WEST RUNTON, in the NR27 postcode district. The below map shows the position of GEORGE HOUSE on NEWELL CRESCENT.