IVANHOE, THE CRESCENT, WALCOTT, NORWICH, NR12 0NH - £135,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

IVANHOE is a very large extended detached house of 134m², built sometime between 1930 and 1949, which could now be worth an estimated £235,222. It was last sold for £135,000 in October 2013, which was around 45% below the average October 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

IVANHOE Sold Prices

Land registry data shows two sales for IVANHOE 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 IVANHOE 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
2013 8 OCT	£135,000	£247,257	45% below HPI
2000 15 AUG	£42,500	£108,559	61% below HPI

IVANHOE 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 IVANHOE sales from August 2000 and October 2013 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 2000 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the October 2013 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might IVANHOE be worth now?

IVANHOE might now be worth an estimated £235,222.

This is based on house price inflation of 74.2%, between October 2013 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.2% inflationary increase is applied to the most recent sale price for IVANHOE of £135,000 on 8th October 2013. For the value to have increased from £135,000 to £235,222 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of IVANHOE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2013 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of IVANHOE has not materially changed since October 2013.

How Large is IVANHOE?

IVANHOE is 134m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walcott, and where IVANHOE lies on this distribution: 95% of detached houses houses are smaller than IVANHOE, and 4% of houses are larger. Note that EPC data is not available for all properties in Walcott.

IVANHOE: Plot and Title Map

IVANHOE sits on a plot of roughly 0.250 of an acre, or 1,013m². The below map shows the location of IVANHOE, 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 IVANHOE). 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 IVANHOE?

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