THE OLD FOUNDRY, CHURCH STREET, NORTHREPPS, CROMER, NR27 0LG - £630,000

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.

THE OLD FOUNDRY is a very large extended detached house of 262m², built sometime between 1996 and 2002, which could now be worth an estimated £1,083,518. It was last sold for £630,000 in July 2013, which was around 152% above the average July 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

THE OLD FOUNDRY Sold Prices

Land registry data shows three sales for THE OLD FOUNDRY 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 THE OLD FOUNDRY 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
2013 26 JUL	£630,000	£250,494	152% above HPI
2007 22 AUG	£570,000	£254,246	124% above HPI
2002 16 JUL	£395,000	£157,701	150% above HPI

THE OLD FOUNDRY 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 THE OLD FOUNDRY sales between July 2002 and July 2013 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 August 2007 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the July 2013 sale, where it rises to 152% above the HPI. The line then continues to track at 152% above the HPI.

What might THE OLD FOUNDRY be worth now?

THE OLD FOUNDRY might now be worth an estimated £1,083,518.

This is based on house price inflation of 72%, between July 2013 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 72% inflationary increase is applied to the most recent sale price for THE OLD FOUNDRY of £630,000 on 26th July 2013. For the value to have increased from £630,000 to £1,083,518 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of THE OLD FOUNDRY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2013 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD FOUNDRY has not materially changed since July 2013.

How Large is THE OLD FOUNDRY?

THE OLD FOUNDRY is 262m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses houses in Northrepps, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northrepps, and where THE OLD FOUNDRY lies on this distribution: More than 99% of detached houses houses are smaller than THE OLD FOUNDRY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Northrepps.

THE OLD FOUNDRY: Plot and Title Map

THE OLD FOUNDRY sits on a plot of roughly 0.374 of an acre, or 1,515m². The below map shows the location of THE OLD FOUNDRY, 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 THE OLD FOUNDRY). 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 THE OLD FOUNDRY?

THE OLD FOUNDRY is located on CHURCH STREET in NORTHREPPS, in the NR27 postcode district. The below map shows the position of THE OLD FOUNDRY on CHURCH STREET.