SERENITY, THE HURN, WEST RUNTON, CROMER, NR27 9QS - £250,000

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.

SERENITY is a very small extended detached house of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £296,615. It was last sold for £250,000 in September 2018, which was around 31% below the average September 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

SERENITY Sold Prices

Land registry data shows two sales for SERENITY 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 SERENITY 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
2018 28 SEP	£250,000	£363,111	31% below HPI
1999 20 DEC	£78,000	£95,601	18% below HPI

SERENITY 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 SERENITY sales from December 1999 and September 2018 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 December 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might SERENITY be worth now?

SERENITY might now be worth an estimated £296,615.

This is based on house price inflation of 18.6%, between September 2018 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 18.6% inflationary increase is applied to the most recent sale price for SERENITY of £250,000 on 28th September 2018. For the value to have increased from £250,000 to £296,615 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of SERENITY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of SERENITY has not materially changed since September 2018.

How Large is SERENITY?

SERENITY is 67m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in West Runton, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Runton, and where SERENITY lies on this distribution: 4% of detached houses houses are smaller than SERENITY, and 96% of houses are larger. Note that EPC data is not available for all properties in West Runton.

SERENITY: Plot and Title Map

SERENITY sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of SERENITY, 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 SERENITY). 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 SERENITY?

SERENITY is located on THE HURN in WEST RUNTON, in the NR27 postcode district. The below map shows the position of SERENITY on THE HURN.