4, THE CROFTS, NORWICH, NR5 9LJ - £271,000

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

4 THE CROFTS is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £271,000 in October 2022, which was around 42% below the average October 2022 detached price in the Norwich local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was B.

4 THE CROFTS Sold Prices

Land registry data shows three sales for 4 THE CROFTS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the three 4 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
2022 19 OCT	£271,000	£470,960	42% below HPI
2004 6 SEP	£142,000	£233,724	39% below HPI
2004 29 MAR	£134,950	£215,762	37% below HPI

4 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 three 4 THE CROFTS sales between March 2004 and October 2022 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 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 4 THE CROFTS?

4 THE CROFTS is 73m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 4 THE CROFTS lies on this distribution: 12% of detached houses are smaller than 4 THE CROFTS, and 88% of houses are larger. Note that EPC data is not available for all properties in Norwich.

4 THE CROFTS: Plot and Title Map

4 THE CROFTS sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 4 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 4 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 4 THE CROFTS?

4 THE CROFTS is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 4 on THE CROFTS.