11, SHEPHERDS CLOSE, EAST RUNTON, CROMER, NR27 9PQ - £318,000

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.

11 SHEPHERDS CLOSE is a small detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £347,433. It was last sold for £318,000 in December 2020, which was around 18% below the average December 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

11 SHEPHERDS CLOSE Sold Prices

Land registry data shows three sales for 11 SHEPHERDS CLOSE 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 11 SHEPHERDS CLOSE 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
2020 16 DEC	£318,000	£386,136	18% below HPI
2000 2 MAR	£82,000	£97,623	16% below HPI
1998 17 JUL	£67,950	£85,357	20% below HPI

11 SHEPHERDS CLOSE 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 11 SHEPHERDS CLOSE sales between July 1998 and December 2020 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 March 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 11 SHEPHERDS CLOSE be worth now?

11 SHEPHERDS CLOSE might now be worth an estimated £347,433.

This is based on house price inflation of 9.3%, between December 2020 and June 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 9.3% inflationary increase is applied to the most recent sale price for 11 SHEPHERDS CLOSE of £318,000 on 16th December 2020. For the value to have increased from £318,000 to £347,433 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 11 SHEPHERDS CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2020 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SHEPHERDS CLOSE has not materially changed since December 2020.

How Large is 11 SHEPHERDS CLOSE?

11 SHEPHERDS CLOSE is 96m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses houses in East Runton, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Runton, and where 11 SHEPHERDS CLOSE lies on this distribution: 22% of detached houses houses are smaller than 11 SHEPHERDS CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in East Runton.

11 SHEPHERDS CLOSE: Plot and Title Map

11 SHEPHERDS CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 11 SHEPHERDS CLOSE, 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 11 SHEPHERDS CLOSE). 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 11 SHEPHERDS CLOSE?

11 SHEPHERDS CLOSE is located in EAST RUNTON, in the NR27 postcode district. The below map shows the position of No. 11 on SHEPHERDS CLOSE.