7, SPRUCE CRESCENT, PORINGLAND, NORWICH, NR14 7UA - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 SPRUCE CRESCENT is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £310,000 in March 2021, which was around 15% below the average March 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

7 SPRUCE CRESCENT Sold Prices

Land registry data shows three sales for 7 SPRUCE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 7 SPRUCE 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
2021 17 MAR	£310,000	£362,785	15% below HPI
2015 3 DEC	£236,500	£289,476	18% below HPI
1997 27 MAR	£74,950	£78,922	5% below HPI

7 SPRUCE CRESCENT 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 three 7 SPRUCE CRESCENT sales between March 1997 and March 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 December 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 SPRUCE CRESCENT?

7 SPRUCE CRESCENT is 92m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 7 SPRUCE CRESCENT lies on this distribution: 21% of detached houses are smaller than 7 SPRUCE CRESCENT, and 78% of houses are larger. Note that EPC data is not available for all properties in Poringland.

7 SPRUCE CRESCENT: Plot and Title Map

7 SPRUCE CRESCENT sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 7 SPRUCE 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 7 SPRUCE 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 7 SPRUCE CRESCENT?

7 SPRUCE CRESCENT is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 7 on SPRUCE CRESCENT.