ONE ACRE, SANDY LANE, WEST RUNTON, CROMER, NR27 9NE - £1,025,000

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.

ONE ACRE is a very large detached house of 330m², which could now be worth an estimated £1,134,857. It was last sold for £1,025,000 in November 2020, which was around 163% above the average November 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was B.

ONE ACRE Sold Prices

Land registry data shows four sales for ONE ACRE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. two of the four ONE ACRE sales were for above the average price, and four 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
2020 5 NOV	£1,025,000	£389,113	163% above HPI
2015 22 SEP	£265,000	£300,953	12% below HPI
2014 9 JUL	£205,000	£268,696	24% below HPI
1997 4 AUG	£90,000	£75,152	20% above HPI

ONE ACRE 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 four ONE ACRE sales between August 1997 and November 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 September 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2020 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

What might ONE ACRE be worth now?

ONE ACRE might now be worth an estimated £1,134,857.

This is based on house price inflation of 10.7%, between November 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 10.7% inflationary increase is applied to the most recent sale price for ONE ACRE of £1,025,000 on 5th November 2020. For the value to have increased from £1,025,000 to £1,134,857 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of ONE ACRE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2020 sale price of £1,025,000 represented a fair market value for the property.
• The size, condition, and specification of ONE ACRE has not materially changed since November 2020.

How Large is ONE ACRE?

ONE ACRE is 330m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses houses in Aylmerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aylmerton, and where ONE ACRE lies on this distribution: More than 99% of detached houses houses are smaller than ONE ACRE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Aylmerton.

ONE ACRE: Plot and Title Map

ONE ACRE sits on a plot of roughly 0.998 of an acre, or 4,037m². The below map shows the location of ONE ACRE, 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 ONE ACRE). 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 ONE ACRE?

ONE ACRE is located on SANDY LANE in WEST RUNTON, in the NR27 postcode district. The below map shows the position of ONE ACRE on SANDY LANE.