2, THE CROFTS, NORWICH, NR5 9LJ - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE CROFTS is a midsized detached house of 112m², built sometime between 1991 and 1995. It was last sold for £310,000 in November 2021, which was around 29% below the average November 2021 detached price in the Norwich local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

2 THE CROFTS Sold Prices

Land registry data shows four sales for 2 THE CROFTS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the four 2 THE CROFTS 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 30 NOV	£310,000	£434,676	29% below HPI
2006 10 MAR	£175,500	£236,496	26% below HPI
2001 14 SEP	£98,500	£142,562	31% below HPI
1998 31 JUL	£68,500	£89,454	23% below HPI

2 THE CROFTS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The four 2 THE CROFTS sales between July 1998 and November 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 THE CROFTS?

2 THE CROFTS is 112m² according to the EPC inspection conducted in November 2019. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 2 THE CROFTS lies on this distribution: 53% of detached houses are smaller than 2 THE CROFTS, and 45% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 THE CROFTS: Plot and Title Map

2 THE CROFTS sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 2 THE CROFTS, 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 THE CROFTS). 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 THE CROFTS?

2 THE CROFTS is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 2 on THE CROFTS.