BILRUE, THE CRESCENT, WALCOTT, NORWICH, NR12 0NH - £110,000

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

BILRUE is a very large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £110,000 in December 2014, which was around 59% below the average December 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was G, and the potential energy rating was B.

BILRUE Sold Prices

Land registry data shows two sales for BILRUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two BILRUE 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
2014 18 DEC	£110,000	£271,156	59% below HPI
2011 26 JAN	£75,000	£233,053	68% below HPI

BILRUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two BILRUE sales from January 2011 and December 2014 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 January 2011 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the December 2014 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is BILRUE?

BILRUE is 151m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where BILRUE lies on this distribution: 98% of detached houses are smaller than BILRUE, and 3% of houses are larger. Note that EPC data is not available for all properties in Walcott.

BILRUE: Plot and Title Map

BILRUE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of BILRUE, 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 BILRUE). 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 BILRUE?

BILRUE is located on THE CRESCENT in WALCOTT, in the NR12 postcode district. The below map shows the position of BILRUE on THE CRESCENT.