7, WATERBANK ROAD, SHERINGHAM, NR26 8RB - £435,000

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.

7 WATERBANK ROAD is a large extended terraced house of 151m², built sometime between 1900 and 1929, which could now be worth an estimated £477,278. It was last sold for £435,000 in October 2021, which was around 104% above the average October 2021 terraced price in the North Norfolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

7 WATERBANK ROAD Sold Prices

Land registry data shows two sales for 7 WATERBANK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. Both of the two 7 WATERBANK ROAD 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
2021 20 OCT	£435,000	£213,384	104% above HPI
2009 1 SEP	£190,000	£140,420	35% above HPI

7 WATERBANK 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 two 7 WATERBANK ROAD sales from September 2009 and October 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 September 2009 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2021 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might 7 WATERBANK ROAD be worth now?

7 WATERBANK ROAD might now be worth an estimated £477,278.

This is based on house price inflation of 9.7%, between October 2021 and June 2025, 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 9.7% inflationary increase is applied to the most recent sale price for 7 WATERBANK ROAD of £435,000 on 20th October 2021. For the value to have increased from £435,000 to £477,278 over the four years and four months to June 2025, the following assumptions must hold true:

• The value of 7 WATERBANK ROAD has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The October 2021 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WATERBANK ROAD has not materially changed since October 2021.

How Large is 7 WATERBANK ROAD?

7 WATERBANK ROAD is 151m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 30% of terraced houses houses in Sheringham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sheringham, and where 7 WATERBANK ROAD lies on this distribution: 76% of terraced houses houses are smaller than 7 WATERBANK ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

7 WATERBANK ROAD: Plot and Title Map

7 WATERBANK ROAD sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 7 WATERBANK 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 7 WATERBANK 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 7 WATERBANK ROAD?

7 WATERBANK ROAD is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 7 on WATERBANK ROAD.