38, EASTERN CRESCENT, NORWICH, NR7 0UF - £265,000

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

38 EASTERN CRESCENT is a very small extended detached house of 52m², built sometime between 1950 and 1966. It was last sold for £265,000 in November 2018, which was around 23% below the average November 2018 detached price in the Broadland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was F, and the potential energy rating was C.

38 EASTERN CRESCENT Sold Prices

Land registry data shows two sales for 38 EASTERN CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 38 EASTERN CRESCENT 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
2018 30 NOV	£265,000	£344,713	23% below HPI
2005 23 SEP	£140,000	£219,488	36% below HPI

38 EASTERN CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 38 EASTERN CRESCENT sales from September 2005 and November 2018 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 September 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 38 EASTERN CRESCENT?

38 EASTERN CRESCENT is 52m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 38 EASTERN CRESCENT lies on this distribution: 1% of detached houses are smaller than 38 EASTERN CRESCENT, and 99% of houses are larger. Note that EPC data is not available for all properties in Norwich.

38 EASTERN CRESCENT: Plot and Title Map

38 EASTERN CRESCENT sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 38 EASTERN CRESCENT, 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 38 EASTERN CRESCENT). 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 38 EASTERN CRESCENT?

38 EASTERN CRESCENT is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 38 on EASTERN CRESCENT.