MILL VIEW, BROOMHILL, EAST RUNTON, CROMER, NR27 9PF - £342,000

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.

MILL VIEW is a midsized extended detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £484,379. It was last sold for £342,000 in December 2015, which was around 15% above the average December 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

MILL VIEW Sold Prices

Land registry data shows two sales for MILL VIEW 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 MILL VIEW 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
2015 8 DEC	£342,000	£297,869	15% above HPI
1999 16 JUL	£67,500	£85,583	21% below HPI

MILL VIEW 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 MILL VIEW sales from July 1999 and December 2015 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 July 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2015 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might MILL VIEW be worth now?

MILL VIEW might now be worth an estimated £484,379.

This is based on house price inflation of 41.6%, between December 2015 and June 2025, 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 41.6% inflationary increase is applied to the most recent sale price for MILL VIEW of £342,000 on 8th December 2015. For the value to have increased from £342,000 to £484,379 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of MILL VIEW has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2015 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of MILL VIEW has not materially changed since December 2015.

How Large is MILL VIEW?

MILL VIEW is 124m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses houses in East Runton, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Runton, and where MILL VIEW lies on this distribution: 53% of detached houses houses are smaller than MILL VIEW, and 47% of houses are larger. Note that EPC data is not available for all properties in East Runton.

MILL VIEW: Plot and Title Map

MILL VIEW sits on a plot of roughly 0.324 of an acre, or 1,310m². The below map shows the location of MILL VIEW, 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 MILL VIEW). 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 MILL VIEW?

MILL VIEW is located on BROOMHILL in EAST RUNTON, in the NR27 postcode district. The below map shows the position of MILL VIEW on BROOMHILL.