8, ORCHARD CRESCENT, GREAT MOULTON, NORWICH, NR15 2HB - £156,000

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.

8 ORCHARD CRESCENT is a very small extended detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £227,485. It was last sold for £156,000 in November 2015, which was around 48% below the average November 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

8 ORCHARD CRESCENT Sold Prices

Land registry data shows four sales for 8 ORCHARD CRESCENT 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 8 ORCHARD 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
2015 10 NOV	£156,000	£301,799	48% below HPI
2010 16 JUL	£160,000	£247,516	35% below HPI
2006 17 OCT	£120,000	£250,527	52% below HPI
1999 29 JAN	£50,000	£88,606	44% below HPI

8 ORCHARD 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 four 8 ORCHARD CRESCENT sales between January 1999 and November 2015 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 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2015 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 8 ORCHARD CRESCENT be worth now?

8 ORCHARD CRESCENT might now be worth an estimated £227,485.

This is based on house price inflation of 45.8%, between November 2015 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 45.8% inflationary increase is applied to the most recent sale price for 8 ORCHARD CRESCENT of £156,000 on 10th November 2015. For the value to have increased from £156,000 to £227,485 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 ORCHARD CRESCENT has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2015 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ORCHARD CRESCENT has not materially changed since November 2015.

How Large is 8 ORCHARD CRESCENT?

8 ORCHARD CRESCENT is 66m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses houses in Great Moulton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Moulton, and where 8 ORCHARD CRESCENT lies on this distribution: 4% of detached houses houses are smaller than 8 ORCHARD CRESCENT, and 96% of houses are larger. Note that EPC data is not available for all properties in Great Moulton.

8 ORCHARD CRESCENT: Plot and Title Map

8 ORCHARD CRESCENT sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 8 ORCHARD 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 8 ORCHARD 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 8 ORCHARD CRESCENT?

8 ORCHARD CRESCENT is located in GREAT MOULTON, in the NR15 postcode district. The below map shows the position of No. 8 on ORCHARD CRESCENT.