12, HILLCREST, CHEDGRAVE, NORWICH, NR14 6HX - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 HILLCREST is a very small extended detached house of 55m², built sometime between 1967 and 1975. It was last sold for £290,000 in December 2020, which was around 20% below the average December 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

12 HILLCREST Sold Prices

Land registry data shows three sales for 12 HILLCREST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 12 HILLCREST 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
2020 10 DEC	£290,000	£363,511	20% below HPI
2013 22 JUL	£170,500	£240,168	29% below HPI
1998 14 AUG	£66,000	£86,159	23% below HPI

12 HILLCREST Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 12 HILLCREST sales between August 1998 and December 2020 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 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 HILLCREST?

12 HILLCREST is 55m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Chedgrave, and where 12 HILLCREST lies on this distribution: 1% of detached houses are smaller than 12 HILLCREST, and 99% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

12 HILLCREST: Plot and Title Map

12 HILLCREST sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 12 HILLCREST, 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 12 HILLCREST). 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 12 HILLCREST?

12 HILLCREST is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 12 on HILLCREST.