161, MILL ROAD, CROMER, NR27 0BH - £105,000

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.

161 MILL ROAD is a very small extended terraced house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £216,634. It was last sold for £105,000 in May 2004, which was around 5% below the average May 2004 terraced price in the North Norfolk local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

161 MILL ROAD Sold Prices

Land registry data shows two sales for 161 MILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. Both of the two 161 MILL ROAD 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
2004 28 MAY	£105,000	£110,248	5% below HPI
2002 23 DEC	£62,000	£84,788	27% below HPI

161 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Norfolk local authority area over time, sourced from the HPI. The two 161 MILL ROAD sales from December 2002 and May 2004 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 December 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2004 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 161 MILL ROAD be worth now?

161 MILL ROAD might now be worth an estimated £216,634.

This is based on house price inflation of 106.3%, between May 2004 and May 2026, for terraced 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 106.3% inflationary increase is applied to the most recent sale price for 161 MILL ROAD of £105,000 on 28th May 2004. For the value to have increased from £105,000 to £216,634 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 161 MILL ROAD has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The May 2004 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 161 MILL ROAD has not materially changed since May 2004.

How Large is 161 MILL ROAD?

161 MILL ROAD is 74m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of terraced houses houses in Cromer, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cromer, and where 161 MILL ROAD lies on this distribution: 13% of terraced houses houses are smaller than 161 MILL ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Cromer.

161 MILL ROAD: Plot and Title Map

161 MILL ROAD sits on a plot of roughly 0.020 of an acre, or 80m². The below map shows the location of 161 MILL ROAD, 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 161 MILL ROAD). 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 161 MILL ROAD?

161 MILL ROAD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 161 on MILL ROAD.