LOW WOOD, SHAWCROSS ROAD, WEST RUNTON, CROMER, NR27 9NA - £650,000

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.

LOW WOOD is a very large extended detached house of 182m², built sometime between 1930 and 1949, which could now be worth an estimated £725,214. It was last sold for £650,000 in December 2020, which was around 68% above the average December 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

LOW WOOD Sold Prices

Land registry data shows two sales for LOW WOOD 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 LOW WOOD 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
2020 3 DEC	£650,000	£386,136	68% above HPI
1998 24 JUL	£155,000	£85,357	82% above HPI

LOW WOOD 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 LOW WOOD sales from July 1998 and December 2020 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 July 1998 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the December 2020 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might LOW WOOD be worth now?

LOW WOOD might now be worth an estimated £725,214.

This is based on house price inflation of 11.6%, between December 2020 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 11.6% inflationary increase is applied to the most recent sale price for LOW WOOD of £650,000 on 3rd December 2020. For the value to have increased from £650,000 to £725,214 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of LOW WOOD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2020 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of LOW WOOD has not materially changed since December 2020.

How Large is LOW WOOD?

LOW WOOD is 182m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% 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 LOW WOOD lies on this distribution: 83% of detached houses houses are smaller than LOW WOOD, and 17% of houses are larger. Note that EPC data is not available for all properties in West Runton.

LOW WOOD: Plot and Title Map

LOW WOOD sits on a plot of roughly 0.251 of an acre, or 1,015m². The below map shows the location of LOW WOOD, 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 LOW WOOD). 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 LOW WOOD?

LOW WOOD is located on SHAWCROSS ROAD in WEST RUNTON, in the NR27 postcode district. The below map shows the position of LOW WOOD on SHAWCROSS ROAD.