GREEN GATES, STATION CLOSE, WEST RUNTON, CROMER, NR27 9QG - £350,000

GREEN GATES is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £350,000 in July 2023, which was around 20% below the average July 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was F, and the potential energy rating was B.

GREEN GATES Sold Prices

Land registry data shows two sales for GREEN GATES 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. Both of the two GREEN GATES 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 19 JUL	£350,000	£439,816	20% below HPI
2022 6 OCT	£275,000	£429,144	36% below HPI

GREEN GATES 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 GREEN GATES sales from October 2022 and July 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 October 2022 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is GREEN GATES?

GREEN GATES is 63m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in West Runton, based on EPC data. The below chart shows the distribution of detached houses by size in West Runton, and where GREEN GATES lies on this distribution: 1% of detached houses are smaller than GREEN GATES, and 99% of houses are larger. Note that EPC data is not available for all properties in West Runton.

GREEN GATES: Plot and Title Map

GREEN GATES sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of GREEN GATES, 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 GREEN GATES). 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 GREEN GATES?

GREEN GATES is located on STATION CLOSE in WEST RUNTON, in the NR27 postcode district. The below map shows the position of GREEN GATES on STATION CLOSE.