2, HILLCREST, CHEDGRAVE, NORWICH, NR14 6HX - £178,000

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.

2 HILLCREST is a large extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £322,888. It was last sold for £178,000 in November 2011, which was around 27% below the average November 2011 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

2 HILLCREST Sold Prices

Land registry data shows two sales for 2 HILLCREST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 2 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
2011 3 NOV	£178,000	£242,613	27% below HPI
1996 7 FEB	£69,450	£71,317	3% below HPI

2 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 two 2 HILLCREST sales from February 1996 and November 2011 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 February 1996 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2011 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 HILLCREST be worth now?

2 HILLCREST might now be worth an estimated £322,888.

This is based on house price inflation of 81.4%, between November 2011 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 81.4% inflationary increase is applied to the most recent sale price for 2 HILLCREST of £178,000 on 3rd November 2011. For the value to have increased from £178,000 to £322,888 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 HILLCREST has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2011 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HILLCREST has not materially changed since November 2011.

How Large is 2 HILLCREST?

2 HILLCREST is 111m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the largest 40% 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 2 HILLCREST lies on this distribution: 65% of detached houses houses are smaller than 2 HILLCREST, and 35% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

2 HILLCREST: Plot and Title Map

2 HILLCREST sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 2 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 2 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 2 HILLCREST?

2 HILLCREST is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 2 on HILLCREST.