2, HILLCREST CLOSE, WORLINGHAM, BECCLES, NR34 7BY - £200,000

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 CLOSE is a very small semi-detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £232,187. It was last sold for £200,000 in February 2021, which was around 17% below the average February 2021 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

2 HILLCREST CLOSE Sold Prices

Land registry data shows three sales for 2 HILLCREST CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 2 HILLCREST CLOSE 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
2021 5 FEB	£200,000	£240,367	17% below HPI
2018 29 MAR	£165,000	£214,197	23% below HPI
1997 23 OCT	£45,000	£51,727	13% below HPI

2 HILLCREST CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 2 HILLCREST CLOSE sales between October 1997 and February 2021 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 March 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 HILLCREST CLOSE be worth now?

2 HILLCREST CLOSE might now be worth an estimated £232,187.

This is based on house price inflation of 16.1%, between February 2021 and February 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 2 HILLCREST CLOSE of £200,000 on 5th February 2021. For the value to have increased from £200,000 to £232,187 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 HILLCREST CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The February 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HILLCREST CLOSE has not materially changed since February 2021.

How Large is 2 HILLCREST CLOSE?

2 HILLCREST CLOSE is 61m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of semi-detached houses houses in Worlingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Worlingham, and where 2 HILLCREST CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 2 HILLCREST CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Worlingham.

2 HILLCREST CLOSE: Plot and Title Map

2 HILLCREST CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 HILLCREST CLOSE, 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 CLOSE). 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 CLOSE?

2 HILLCREST CLOSE is located in WORLINGHAM, in the NR34 postcode district. The below map shows the position of No. 2 on HILLCREST CLOSE.