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

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.

12 HILLCREST is a very small extended detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £340,429. It was last sold for £290,000 in December 2020, which was around 23% 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	£374,902	23% below HPI
2013 22 JUL	£170,500	£247,694	31% below HPI
1998 14 AUG	£66,000	£88,859	26% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 12 HILLCREST be worth now?

12 HILLCREST might now be worth an estimated £340,429.

This is based on house price inflation of 17.4%, between December 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.4% inflationary increase is applied to the most recent sale price for 12 HILLCREST of £290,000 on 10th December 2020. For the value to have increased from £290,000 to £340,429 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 HILLCREST has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HILLCREST has not materially changed since December 2020.

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 houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chedgrave, and where 12 HILLCREST lies on this distribution: 1% of detached houses 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.