1, RIDGEWAY, CROMER, NR27 0HS - £210,000

1 RIDGEWAY is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £210,000 in August 2012, which was around 11% below the average August 2012 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

1 RIDGEWAY Sold Prices

Land registry data shows two sales for 1 RIDGEWAY 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 1 RIDGEWAY 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
2012 22 AUG	£210,000	£234,648	11% below HPI
2011 30 JUN	£205,000	£238,485	14% below HPI

1 RIDGEWAY 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 1 RIDGEWAY sales from June 2011 and August 2012 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 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2012 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 RIDGEWAY?

1 RIDGEWAY is 76m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 1 RIDGEWAY lies on this distribution: 16% of detached houses are smaller than 1 RIDGEWAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Cromer.

1 RIDGEWAY: Plot and Title Map

1 RIDGEWAY sits on a plot of roughly 0.206 of an acre, or 836m². The below map shows the location of 1 RIDGEWAY, 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 1 RIDGEWAY). 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 1 RIDGEWAY?

1 RIDGEWAY is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 1 on RIDGEWAY.