HILLCREST, NORWICH ROAD, CROMER, NR27 0HG - £194,000

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

HILLCREST is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £194,000 in November 2014, which was around 30% below the average November 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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 21 NOV	£194,000	£275,432	30% below HPI
1997 14 MAR	£39,000	£71,500	45% below HPI

HILLCREST 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 HILLCREST sales from March 1997 and November 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 March 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is HILLCREST?

HILLCREST is 84m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where HILLCREST lies on this distribution: 25% of detached houses are smaller than HILLCREST, and 75% of houses are larger. Note that EPC data is not available for all properties in Cromer.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on NORWICH ROAD in CROMER, in the NR27 postcode district. The below map shows the position of HILLCREST on NORWICH ROAD.