2, CROMWELL ROAD, CROMER, NR27 0BE - £310,000

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.

2 CROMWELL ROAD is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £341,312. It was last sold for £310,000 in September 2021, which was around 17% below the average September 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

2 CROMWELL ROAD Sold Prices

Land registry data shows three sales for 2 CROMWELL ROAD 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 2 CROMWELL 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
2021 30 SEP	£310,000	£373,415	17% below HPI
2016 5 JAN	£249,950	£296,466	16% below HPI
2013 26 APR	£210,000	£243,417	14% below HPI

2 CROMWELL ROAD 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 2 CROMWELL ROAD sales between April 2013 and September 2021 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 January 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 CROMWELL ROAD be worth now?

2 CROMWELL ROAD might now be worth an estimated £341,312.

This is based on house price inflation of 10.1%, between September 2021 and May 2026, 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 10.1% inflationary increase is applied to the most recent sale price for 2 CROMWELL ROAD of £310,000 on 30th September 2021. For the value to have increased from £310,000 to £341,312 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 2 CROMWELL ROAD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CROMWELL ROAD has not materially changed since September 2021.

How Large is 2 CROMWELL ROAD?

2 CROMWELL ROAD is 108m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cromer, and where 2 CROMWELL ROAD lies on this distribution: 53% of detached houses houses are smaller than 2 CROMWELL ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Cromer.

2 CROMWELL ROAD: Plot and Title Map

2 CROMWELL ROAD sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 2 CROMWELL 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 2 CROMWELL 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 2 CROMWELL ROAD?

2 CROMWELL ROAD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 2 on CROMWELL ROAD.