CUMBRAE, TEMPLE CLOSE, WEYBOURNE, HOLT, NR25 7EU - £450,000

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.

CUMBRAE is a midsized extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £494,885. It was last sold for £450,000 in March 2021, which was around 20% above the average March 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

CUMBRAE Sold Prices

Land registry data shows two sales for CUMBRAE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. One of the two CUMBRAE sales was for above the average price, whilst the other was 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
2021 2 MAR	£450,000	£373,843	20% above HPI
2011 28 NOV	£165,000	£241,426	32% below HPI

CUMBRAE 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 two CUMBRAE sales from November 2011 and March 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 November 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might CUMBRAE be worth now?

CUMBRAE might now be worth an estimated £494,885.

This is based on house price inflation of 10%, between March 2021 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 10% inflationary increase is applied to the most recent sale price for CUMBRAE of £450,000 on 2nd March 2021. For the value to have increased from £450,000 to £494,885 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of CUMBRAE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The March 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of CUMBRAE has not materially changed since March 2021.

How Large is CUMBRAE?

CUMBRAE is 99m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses houses in Weybourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Weybourne, and where CUMBRAE lies on this distribution: 52% of detached houses houses are smaller than CUMBRAE, and 48% of houses are larger. Note that EPC data is not available for all properties in Weybourne.

CUMBRAE: Plot and Title Map

CUMBRAE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of CUMBRAE, 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 CUMBRAE). 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 CUMBRAE?

CUMBRAE is located on TEMPLE CLOSE in WEYBOURNE, in the NR25 postcode district. The below map shows the position of CUMBRAE on TEMPLE CLOSE.