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
72 HILLCREST ROAD is a large extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £550,000 in May 2023, which was around 34% above the average May 2023 detached price in the Broadland local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 72 HILLCREST ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 72 HILLCREST ROAD 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 12 MAY | £550,000 | £409,694 | 34% above HPI |
2016 5 AUG | £275,000 | £314,083 | 12% below HPI |
2012 23 MAR | £210,000 | £234,625 | 10% below HPI |
2003 3 JUL | £179,000 | £189,181 | 5% below HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 72 HILLCREST ROAD sales between July 2003 and May 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 August 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2023 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
72 HILLCREST ROAD is 121m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 72 HILLCREST ROAD lies on this distribution: 63% of detached houses are smaller than 72 HILLCREST ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Norwich.
72 HILLCREST ROAD sits on a plot of roughly 0.211 of an acre, or 856m². The below map shows the location of 72 HILLCREST ROAD, 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 72 HILLCREST ROAD). 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.
72 HILLCREST ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 72 on HILLCREST ROAD.