1, HILLCREST ROAD, NORWICH, NR7 0JZ - £245,000

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.

1 HILLCREST ROAD is a very small extended detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £302,416. It was last sold for £245,000 in September 2019, which was around 29% below the average September 2019 detached price in the Broadland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

1 HILLCREST ROAD Sold Prices

Land registry data shows six sales for 1 HILLCREST ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the six 1 HILLCREST ROAD 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
2019 19 SEP	£245,000	£343,132	29% below HPI
2019 31 MAY	£260,000	£341,966	24% below HPI
2018 26 NOV	£270,000	£348,169	22% below HPI
2013 15 APR	£174,500	£248,063	30% below HPI
2007 9 FEB	£197,000	£248,914	21% below HPI
2006 22 JUN	£147,000	£232,449	37% below HPI

1 HILLCREST ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The six 1 HILLCREST ROAD sales between June 2006 and September 2019 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 May 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 HILLCREST ROAD be worth now?

1 HILLCREST ROAD might now be worth an estimated £302,416.

This is based on house price inflation of 23.4%, between September 2019 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for 1 HILLCREST ROAD of £245,000 on 19th September 2019. For the value to have increased from £245,000 to £302,416 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 HILLCREST ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HILLCREST ROAD has not materially changed since September 2019.

How Large is 1 HILLCREST ROAD?

1 HILLCREST ROAD is 68m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 1 HILLCREST ROAD lies on this distribution: 7% of detached houses houses are smaller than 1 HILLCREST ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 HILLCREST ROAD: Plot and Title Map

1 HILLCREST ROAD sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 1 HILLCREST 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 1 HILLCREST 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 1 HILLCREST ROAD?

1 HILLCREST ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 1 on HILLCREST ROAD.