STROME, TOP COMMON, EAST RUNTON, CROMER, NR27 9PR - £372,500

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

STROME is a midsized extended detached house of 130m², built sometime between 1976 and 1982. It was last sold for £372,500 in September 2015, which was around 25% above the average September 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

STROME Sold Prices

Land registry data shows four sales for STROME since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four STROME sales were 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
2015 28 SEP	£372,500	£298,068	25% above HPI
2013 5 JUL	£325,000	£248,092	31% above HPI
2006 4 JUL	£300,000	£229,176	31% above HPI
1997 25 JUL	£95,000	£73,957	28% above HPI

STROME 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 four STROME sales between July 1997 and September 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 July 2013 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2015 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is STROME?

STROME is 130m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of detached houses in East Runton, based on EPC data. The below chart shows the distribution of detached houses by size in East Runton, and where STROME lies on this distribution: 60% of detached houses are smaller than STROME, and 40% of houses are larger. Note that EPC data is not available for all properties in East Runton.

STROME: Plot and Title Map

STROME sits on a plot of roughly 0.328 of an acre, or 1,328m². The below map shows the location of STROME, 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 STROME). 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 STROME?

STROME is located on TOP COMMON in EAST RUNTON, in the NR27 postcode district. The below map shows the position of STROME on TOP COMMON.