38, COMMON LANE, SHERINGHAM, NR26 8PW - £315,000

38 COMMON LANE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £315,000 in March 2020, which was around 11% below the average March 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

38 COMMON LANE Sold Prices

Land registry data shows three sales for 38 COMMON LANE 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 38 COMMON LANE 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 26 MAR	£315,000	£354,676	11% below HPI
2014 3 OCT	£177,000	£270,209	34% below HPI
2011 28 SEP	£150,000	£241,865	38% below HPI

38 COMMON LANE 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 38 COMMON LANE sales between September 2011 and March 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 October 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 38 COMMON LANE?

38 COMMON LANE is 76m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 38 COMMON LANE lies on this distribution: 9% of detached houses are smaller than 38 COMMON LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

38 COMMON LANE: Plot and Title Map

38 COMMON LANE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 38 COMMON LANE, 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 38 COMMON LANE). 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 38 COMMON LANE?

38 COMMON LANE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 38 on COMMON LANE.