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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SEA VIEW COTTAGE is a midsized extended detached house of 100m², built sometime before 1900, which could now be worth an estimated £223,531. 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	£289,099	48% below HPI
2003 20 JUN	£100,000	£168,031	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.

What might SEA VIEW COTTAGE be worth now?

SEA VIEW COTTAGE might now be worth an estimated £223,531.

This is based on house price inflation of 49%, between August 2015 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49% inflationary increase is applied to the most recent sale price for SEA VIEW COTTAGE of £150,000 on 4th August 2015. For the value to have increased from £150,000 to £223,531 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of SEA VIEW COTTAGE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of SEA VIEW COTTAGE has not materially changed since August 2015.

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 houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cromer, and where SEA VIEW COTTAGE lies on this distribution: 44% of detached houses houses are smaller than SEA VIEW COTTAGE, and 55% 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.