2, THE RISE, SHERINGHAM, NR26 8QA - £138,000

2 THE RISE is a very large detached house of 169m², built sometime between 1900 and 1929. It was last sold for £138,000 in April 1999, which was around 65% above the average April 1999 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

2 THE RISE Sold Prices

Land registry data shows two sales for 2 THE RISE 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 2 THE RISE sales were 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
1999 30 APR	£138,000	£83,419	65% above HPI
1996 18 JUN	£96,000	£69,145	39% above HPI

2 THE RISE 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 2 THE RISE sales from June 1996 and April 1999 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 1996 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 1999 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 2 THE RISE?

2 THE RISE is 169m² according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 2 THE RISE lies on this distribution: 83% of detached houses are smaller than 2 THE RISE, and 17% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

2 THE RISE: Plot and Title Map

2 THE RISE sits on a plot of roughly 0.296 of an acre, or 1,199m². The below map shows the location of 2 THE RISE, 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 THE RISE). 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 THE RISE?

2 THE RISE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 2 on THE RISE.