28, RUSHMER WAY, SHERINGHAM, NR26 8YA - £300,000

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.

28 RUSHMER WAY is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £327,767. It was last sold for £300,000 in December 2020, which was around 22% below the average December 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

28 RUSHMER WAY Sold Prices

Land registry data shows three sales for 28 RUSHMER WAY 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. The three 28 RUSHMER WAY sales were a mix of below the average price, and roughly equal to 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 8 DEC	£300,000	£386,136	22% below HPI
2018 29 AUG	£265,000	£359,364	26% below HPI
1997 28 APR	£72,950	£72,653	Close to HPI

28 RUSHMER WAY 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 28 RUSHMER WAY sales between April 1997 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 August 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 28 RUSHMER WAY be worth now?

28 RUSHMER WAY might now be worth an estimated £327,767.

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 28 RUSHMER WAY of £300,000 on 8th December 2020. For the value to have increased from £300,000 to £327,767 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 28 RUSHMER WAY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 28 RUSHMER WAY has not materially changed since December 2020.

How Large is 28 RUSHMER WAY?

28 RUSHMER WAY is 77m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 28 RUSHMER WAY lies on this distribution: 10% of detached houses houses are smaller than 28 RUSHMER WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

28 RUSHMER WAY: Plot and Title Map

28 RUSHMER WAY sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 28 RUSHMER WAY, 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 28 RUSHMER WAY). 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 28 RUSHMER WAY?

28 RUSHMER WAY is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 28 on RUSHMER WAY.