OAKWOOD, BOULEVARD ROAD, WEST RUNTON, CROMER, NR27 9QL - £265,000

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

OAKWOOD is a large detached house of 153m², built sometime between 1900 and 1929. It was last sold for £265,000 in February 2004, which was around 33% above the average February 2004 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was E.

OAKWOOD Sold Prices

Land registry data shows three sales for OAKWOOD 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 OAKWOOD 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
2004 17 FEB	£265,000	£198,795	33% above HPI
2002 22 MAR	£176,500	£140,541	26% above HPI
1997 5 SEP	£89,450	£75,402	19% above HPI

OAKWOOD 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 OAKWOOD sales between September 1997 and February 2004 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 March 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2004 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 153m² according to the EPC inspection conducted in August 2011. This puts it in the largest 30% 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 OAKWOOD lies on this distribution: 71% of detached houses are smaller than OAKWOOD, and 29% of houses are larger. Note that EPC data is not available for all properties in West Runton.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

OAKWOOD is located on BOULEVARD ROAD in WEST RUNTON, in the NR27 postcode district. The below map shows the position of OAKWOOD on BOULEVARD ROAD.