SCHOOL BARN, CHURCH STREET, NORTHREPPS, CROMER, NR27 0LG - £325,000

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

SCHOOL BARN is a very small extended detached house of 65m², built sometime before 1900. It was last sold for £325,000 in March 2020, which was around 8% below the average March 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2019, where the current energy rating was F, and the potential energy rating was E.

SCHOOL BARN Sold Prices

Land registry data shows three sales for SCHOOL BARN 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 SCHOOL BARN sales 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 20 MAR	£325,000	£354,676	8% below HPI
2012 5 MAR	£183,000	£235,375	22% below HPI
2003 11 APR	£70,000	£176,594	60% below HPI

SCHOOL BARN 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 SCHOOL BARN sales between April 2003 and March 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 March 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is SCHOOL BARN?

SCHOOL BARN is 65m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Northrepps, based on EPC data. The below chart shows the distribution of detached houses by size in Northrepps, and where SCHOOL BARN lies on this distribution: 7% of detached houses are smaller than SCHOOL BARN, and 93% of houses are larger. Note that EPC data is not available for all properties in Northrepps.

SCHOOL BARN: Plot and Title Map

SCHOOL BARN sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of SCHOOL BARN, 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 SCHOOL BARN). 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 SCHOOL BARN?

SCHOOL BARN is located on CHURCH STREET in NORTHREPPS, in the NR27 postcode district. The below map shows the position of SCHOOL BARN on CHURCH STREET.