HILLCREST, TOWNHOUSE ROAD, COSTESSEY, NORWICH, NR8 5BY - £180,000

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 large extended detached house of 145m², built sometime before 1900. It was last sold for £180,000 in March 2001, which was around 41% above the average March 2001 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, 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 South Norfolk local authority area for the corresponding sale date. Both of the two HILLCREST sales were for above 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
2001 30 MAR	£180,000	£127,317	41% above HPI
1996 30 AUG	£150,000	£77,270	94% above HPI

HILLCREST 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 two HILLCREST sales from August 1996 and March 2001 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 1996 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the March 2001 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is HILLCREST?

HILLCREST is 145m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 40% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where HILLCREST lies on this distribution: 61% of detached houses are smaller than HILLCREST, and 39% of houses are larger. Note that EPC data is not available for all properties in Costessey.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.279 of an acre, or 1,131m². 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 TOWNHOUSE ROAD in COSTESSEY, in the NR8 postcode district. The below map shows the position of HILLCREST on TOWNHOUSE ROAD.