TREMANIC, CROMWELL CLOSE, HETHERSETT, NORWICH, NR9 3HD - £412,500

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

TREMANIC is a large extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £440,310. It was last sold for £412,500 in September 2024, which was about the average September 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

TREMANIC Sold Prices

Land registry data shows three sales for TREMANIC since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. The three TREMANIC sales were a mix of roughly equal to the average price, and 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
2024 27 SEP	£412,500	£412,299	Close to HPI
2014 17 APR	£275,000	£258,006	7% above HPI
2005 1 AUG	£265,000	£237,340	12% above HPI

TREMANIC 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 three TREMANIC sales between August 2005 and September 2024 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 April 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2024 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might TREMANIC be worth now?

TREMANIC might now be worth an estimated £440,310.

This is based on house price inflation of 6.7%, between September 2024 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 6.7% inflationary increase is applied to the most recent sale price for TREMANIC of £412,500 on 27th September 2024. For the value to have increased from £412,500 to £440,310 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of TREMANIC has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2024 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of TREMANIC has not materially changed since September 2024.

How Large is TREMANIC?

TREMANIC is 141m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hethersett, and where TREMANIC lies on this distribution: 79% of detached houses houses are smaller than TREMANIC, and 21% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

TREMANIC: Plot and Title Map

TREMANIC sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of TREMANIC, 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 TREMANIC). 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 TREMANIC?

TREMANIC is located on CROMWELL CLOSE in HETHERSETT, in the NR9 postcode district. The below map shows the position of TREMANIC on CROMWELL CLOSE.