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

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

LOW WOOD is a very large extended detached house of 182m², built sometime between 1930 and 1949. It was last sold for £650,000 in December 2020, which was around 70% 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	£382,434	70% above HPI
1998 24 JUL	£155,000	£84,538	83% 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 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the December 2020 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

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 in West Runton, based on EPC data. The below chart shows the distribution of detached houses by size in West Runton, and where LOW WOOD lies on this distribution: 83% of detached 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.