6, HILL CREST, NORWICH, NR5 0NB - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 HILL CREST is a very small detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £275,802. It was last sold for £240,000 in June 2021, which was around 37% below the average June 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

6 HILL CREST Sold Prices

Land registry data shows four sales for 6 HILL CREST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 6 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
2021 30 JUN	£240,000	£382,966	37% below HPI
2016 22 JUL	£195,500	£313,735	38% below HPI
2000 27 APR	£77,500	£110,714	30% below HPI
1997 16 JAN	£53,000	£78,122	32% below HPI

6 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 four 6 HILL CREST sales between January 1997 and June 2021 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 July 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 6 HILL CREST be worth now?

6 HILL CREST might now be worth an estimated £275,802.

This is based on house price inflation of 14.9%, between June 2021 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.9% inflationary increase is applied to the most recent sale price for 6 HILL CREST of £240,000 on 30th June 2021. For the value to have increased from £240,000 to £275,802 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 6 HILL CREST has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HILL CREST has not materially changed since June 2021.

How Large is 6 HILL CREST?

6 HILL CREST is 69m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 6 HILL CREST lies on this distribution: 8% of detached houses houses are smaller than 6 HILL CREST, and 91% of houses are larger. Note that EPC data is not available for all properties in Norwich.

6 HILL CREST: Plot and Title Map

6 HILL CREST sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 6 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 6 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 6 HILL CREST?

6 HILL CREST is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 6 on HILL CREST.