1, FREESIA WAY, CRINGLEFORD, NORWICH, NR4 7BB - £290,000

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

1 FREESIA WAY is a very small detached house of 84m², built sometime between 2007 and 2011, which could now be worth an estimated £332,290. It was last sold for £290,000 in September 2021, which was around 24% below the average September 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

1 FREESIA WAY Sold Prices

Land registry data shows three sales for 1 FREESIA WAY 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. All of the three 1 FREESIA WAY 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
2021 24 SEP	£290,000	£384,085	24% below HPI
2019 15 JUL	£295,000	£342,431	14% below HPI
2013 20 DEC	£220,000	£258,648	15% below HPI

1 FREESIA WAY 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 1 FREESIA WAY sales between December 2013 and September 2021 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 July 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 1 FREESIA WAY be worth now?

1 FREESIA WAY might now be worth an estimated £332,290.

This is based on house price inflation of 14.6%, between September 2021 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 14.6% inflationary increase is applied to the most recent sale price for 1 FREESIA WAY of £290,000 on 24th September 2021. For the value to have increased from £290,000 to £332,290 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 FREESIA WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FREESIA WAY has not materially changed since September 2021.

How Large is 1 FREESIA WAY?

1 FREESIA WAY is 84m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cringleford, and where 1 FREESIA WAY lies on this distribution: 4% of detached houses houses are smaller than 1 FREESIA WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

1 FREESIA WAY: Plot and Title Map

1 FREESIA WAY sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 1 FREESIA WAY, 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 1 FREESIA WAY). 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 1 FREESIA WAY?

1 FREESIA WAY is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 1 on FREESIA WAY.