ORCHID LEE, SANDY LANE, WEST RUNTON, CROMER, NR27 9NB - £1,175,000

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

ORCHID LEE is a very large extended detached house of 379m², built sometime between 1900 and 1929. It was last sold for £1,175,000 in September 2016, which was around 280% above the average September 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

ORCHID LEE Sold Prices

Land registry data shows two sales for ORCHID LEE 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 ORCHID LEE 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
2016 16 SEP	£1,175,000	£309,333	280% above HPI
2014 17 NOV	£290,000	£275,432	5% above HPI

ORCHID LEE 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 ORCHID LEE sales from November 2014 and September 2016 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 November 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2016 sale, where it rises to 280% above the HPI. The line then continues to track at 280% above the HPI.

How Large is ORCHID LEE?

ORCHID LEE is 379m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% 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 ORCHID LEE lies on this distribution: More than 99% of detached houses are smaller than ORCHID LEE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in West Runton.

ORCHID LEE: Plot and Title Map

ORCHID LEE sits on a plot of roughly 1.3 acres, or 5,085m². The below map shows the location of ORCHID LEE, 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 ORCHID LEE). 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 ORCHID LEE?

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