THREE PINES, SHAWCROSS ROAD, WEST RUNTON, CROMER, NR27 9NA - £400,000

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

THREE PINES is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £400,000 in July 2023, which was around 10% below the average July 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

THREE PINES Sold Prices

Land registry data shows two sales for THREE PINES 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. One of the two THREE PINES sales was for below the average price, whilst the other was 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
2023 28 JUL	£400,000	£442,761	10% below HPI
1998 17 JUN	£87,500	£85,067	3% above HPI

THREE PINES 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 THREE PINES sales from June 1998 and July 2023 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 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THREE PINES?

THREE PINES is 85m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in West Runton, based on EPC data. The below chart shows the distribution of detached houses by size in West Runton, and where THREE PINES lies on this distribution: 16% of detached houses are smaller than THREE PINES, and 82% of houses are larger. Note that EPC data is not available for all properties in West Runton.

THREE PINES: Plot and Title Map

THREE PINES sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of THREE PINES, 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 THREE PINES). 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 THREE PINES?

THREE PINES is located on SHAWCROSS ROAD in WEST RUNTON, in the NR27 postcode district. The below map shows the position of THREE PINES on SHAWCROSS ROAD.