48, LENG CRESCENT, NORWICH, NR4 7NY - £363,000

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

48 LENG CRESCENT is a small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £363,000 in October 2023, which was around 22% below the average October 2023 detached price in the Norwich local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

48 LENG CRESCENT Sold Prices

Land registry data shows two sales for 48 LENG 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 Norwich local authority area for the corresponding sale date. Both of the two 48 LENG 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
2023 19 OCT	£363,000	£463,654	22% below HPI
2019 29 NOV	£255,000	£377,970	33% below HPI

48 LENG CRESCENT 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 two 48 LENG CRESCENT sales from November 2019 and October 2023 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 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 48 LENG CRESCENT?

48 LENG CRESCENT is 83m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 48 LENG CRESCENT lies on this distribution: 21% of detached houses are smaller than 48 LENG CRESCENT, and 78% of houses are larger. Note that EPC data is not available for all properties in Norwich.

48 LENG CRESCENT: Plot and Title Map

48 LENG CRESCENT sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 48 LENG 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 48 LENG 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 48 LENG CRESCENT?

48 LENG CRESCENT is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 48 on LENG CRESCENT.