SEA VIEW COTTAGE, SALISBURY ROAD, CROMER, NR27 0BW - £150,000

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

SEA VIEW COTTAGE is a midsized extended detached house of 100m², built sometime before 1900. It was last sold for £150,000 in August 2015, which was around 48% below the average August 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

SEA VIEW COTTAGE Sold Prices

Land registry data shows two sales for SEA VIEW COTTAGE 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 SEA VIEW COTTAGE 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
2015 4 AUG	£150,000	£286,328	48% below HPI
2003 20 JUN	£100,000	£166,421	40% below HPI

SEA VIEW COTTAGE 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 SEA VIEW COTTAGE sales from June 2003 and August 2015 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 June 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2015 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is SEA VIEW COTTAGE?

SEA VIEW COTTAGE is 100m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where SEA VIEW COTTAGE lies on this distribution: 43% of detached houses are smaller than SEA VIEW COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Cromer.

SEA VIEW COTTAGE: Plot and Title Map

SEA VIEW COTTAGE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of SEA VIEW COTTAGE, 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 SEA VIEW COTTAGE). 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 SEA VIEW COTTAGE?

SEA VIEW COTTAGE is located on SALISBURY ROAD in CROMER, in the NR27 postcode district. The below map shows the position of SEA VIEW COTTAGE on SALISBURY ROAD.