PINEBANK, SHAWCROSS ROAD, WEST RUNTON, CROMER, NR27 9NA - £370,000

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

PINEBANK is a small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £370,000 in March 2019, which was around 6% above the average March 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

PINEBANK Sold Prices

Land registry data shows two sales for PINEBANK 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 PINEBANK 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
2019 22 MAR	£370,000	£347,563	6% above HPI
2010 6 OCT	£248,500	£246,427	1% above HPI

PINEBANK 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 PINEBANK sales from October 2010 and March 2019 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 October 2010 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2019 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is PINEBANK?

PINEBANK is 92m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 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 PINEBANK lies on this distribution: 26% of detached houses are smaller than PINEBANK, and 74% of houses are larger. Note that EPC data is not available for all properties in West Runton.

PINEBANK: Plot and Title Map

PINEBANK sits on a plot of roughly 0.227 of an acre, or 920m². The below map shows the location of PINEBANK, 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 PINEBANK). 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 PINEBANK?

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