5, HILL CREST, NORWICH, NR5 0NB - £260,000

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

5 HILL CREST is a very small detached house of 57m², built sometime between 1991 and 1995. It was last sold for £260,000 in December 2022, which was around 38% below the average December 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

5 HILL CREST Sold Prices

Land registry data shows two sales for 5 HILL CREST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 5 HILL CREST 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 16 DEC	£260,000	£420,764	38% below HPI
1997 2 MAY	£52,500	£78,554	33% below HPI

5 HILL CREST Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 5 HILL CREST sales from May 1997 and December 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 May 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 HILL CREST?

5 HILL CREST is 57m² according to the EPC inspection conducted in August 2022. 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 5 HILL CREST lies on this distribution: 2% of detached houses are smaller than 5 HILL CREST, and 98% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 HILL CREST: Plot and Title Map

5 HILL CREST sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 5 HILL CREST, 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 5 HILL CREST). 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 5 HILL CREST?

5 HILL CREST is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 5 on HILL CREST.