ROMANEE, CROSS ROAD, SWANTON ABBOTT, NORWICH, NR10 5DT - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ROMANEE is a small extended detached house of 129m², built sometime between 1983 and 1990. It was last sold for £240,000 in October 2011, which was about the average October 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was E.

ROMANEE Sold Prices

Land registry data shows two sales for ROMANEE 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. One of the two ROMANEE sales was roughly equal to the average price, whilst the other was 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
2011 14 OCT	£240,000	£240,196	Close to HPI
2005 3 OCT	£235,000	£219,141	7% above HPI

ROMANEE 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 ROMANEE sales from October 2005 and October 2011 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 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2011 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is ROMANEE?

ROMANEE is 129m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the smallest 40% of detached houses in Swanton Abbott, based on EPC data. The below chart shows the distribution of detached houses by size in Swanton Abbott, and where ROMANEE lies on this distribution: 35% of detached houses are smaller than ROMANEE, and 65% of houses are larger. Note that EPC data is not available for all properties in Swanton Abbott.

ROMANEE: Plot and Title Map

ROMANEE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of ROMANEE, 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 ROMANEE). 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 ROMANEE?

ROMANEE is located on CROSS ROAD in SWANTON ABBOTT, in the NR10 postcode district. The below map shows the position of ROMANEE on CROSS ROAD.