49, MILL ROAD, CROMER, NR27 0AD - £230,000

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.

49 MILL ROAD is a midsized extended terraced house of 102m², built sometime between 1900 and 1929, which could now be worth an estimated £216,098. It was last sold for £230,000 in September 2023, which was around 5% below the average September 2023 terraced price in the North Norfolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

49 MILL ROAD Sold Prices

Land registry data shows eight sales for 49 MILL ROAD since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. Most of the eight 49 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
2023 29 SEP	£230,000	£242,095	5% below HPI
2014 12 SEP	£150,000	£153,951	3% below HPI
2014 23 JUN	£109,250	£154,458	29% below HPI
2012 30 MAR	£143,000	£136,990	4% above HPI
2007 29 JUN	£134,000	£145,732	8% below HPI
2001 12 OCT	£63,500	£66,878	5% below HPI
1999 24 SEP	£48,500	£50,321	4% below HPI
1996 26 APR	£26,500	£38,182	31% below HPI

49 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 eight 49 MILL ROAD sales between April 1996 and September 2023 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 September 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 49 MILL ROAD be worth now?

49 MILL ROAD might now be worth an estimated £216,098.

This is based on house price deflation of 6%, between September 2023 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 6% deflationary decrease is applied to the most recent sale price for 49 MILL ROAD of £230,000 on 29th September 2023. For the value to have decreased from £230,000 to £216,098 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 49 MILL ROAD has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The September 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 49 MILL ROAD has not materially changed since September 2023.

How Large is 49 MILL ROAD?

49 MILL ROAD is 102m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% 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 49 MILL ROAD lies on this distribution: 45% of terraced houses houses are smaller than 49 MILL ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Cromer.

49 MILL ROAD: Plot and Title Map

49 MILL ROAD sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 49 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 49 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 49 MILL ROAD?

49 MILL ROAD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 49 on MILL ROAD.