4, THE CRESCENT, WALCOTT, NORWICH, NR12 0NH - £130,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 THE CRESCENT is a very small detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £158,454. It was last sold for £130,000 in May 2019, which was around 62% below the average May 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was F, and the potential energy rating was B.

4 THE CRESCENT Sold Prices

Land registry data shows two sales for 4 THE 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 North Norfolk local authority area for the corresponding sale date. Both of the two 4 THE 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
2019 31 MAY	£130,000	£345,305	62% below HPI
1996 8 NOV	£43,000	£72,523	41% below HPI

4 THE CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 4 THE CRESCENT sales from November 1996 and May 2019 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 November 1996 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2019 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might 4 THE CRESCENT be worth now?

4 THE CRESCENT might now be worth an estimated £158,454.

This is based on house price inflation of 21.9%, between May 2019 and December 2024, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 4 THE CRESCENT of £130,000 on 31st May 2019. For the value to have increased from £130,000 to £158,454 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 4 THE CRESCENT has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2019 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE CRESCENT has not materially changed since May 2019.

How Large is 4 THE CRESCENT?

4 THE CRESCENT is 58m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walcott, and where 4 THE CRESCENT lies on this distribution: 13% of detached houses houses are smaller than 4 THE CRESCENT, and 86% of houses are larger. Note that EPC data is not available for all properties in Walcott.

4 THE CRESCENT: Plot and Title Map

4 THE CRESCENT sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 4 THE 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 4 THE 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 4 THE CRESCENT?

4 THE CRESCENT is located in WALCOTT, in the NR12 postcode district. The below map shows the position of No. 4 on THE CRESCENT.