8, BRIDGE CLOSE, CROMER, NR27 0FJ - £208,000

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.

8 BRIDGE CLOSE is a very small detached house of 62m², built in 2016, which could now be worth an estimated £270,338. It was last sold for £208,000 in January 2017, which was around 34% below the average January 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was B.

8 BRIDGE CLOSE Sold Prices

Land registry data shows one sale for 8 BRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 27 JAN	£208,000	£316,328	34% below HPI

What might 8 BRIDGE CLOSE be worth now?

8 BRIDGE CLOSE might now be worth an estimated £270,338.

This is based on house price inflation of 30%, between January 2017 and May 2026, 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 30% inflationary increase is applied to the most recent sale price for 8 BRIDGE CLOSE of £208,000 on 27th January 2017. For the value to have increased from £208,000 to £270,338 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 8 BRIDGE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2017 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BRIDGE CLOSE has not materially changed since January 2017.

How Large is 8 BRIDGE CLOSE?

8 BRIDGE CLOSE is 62m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 8 BRIDGE CLOSE lies on this distribution: 4% of detached houses are smaller than 8 BRIDGE CLOSE, and 96% of detached houses are larger. Note that EPC data is not available for all properties in Cromer.

8 BRIDGE CLOSE: Plot

8 BRIDGE CLOSE sits on a plot of roughly 0.035 of an acre, or 141m².

Where is 8 BRIDGE CLOSE?

8 BRIDGE CLOSE is located in CROMER, in the NR27 postcode district.