1, NEWMARKET ROAD, CRINGLEFORD, NORWICH, NR4 6UE - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 NEWMARKET ROAD is a large extended detached house of 172m², built sometime before 1900. It was last sold for £500,000 in August 2019, which was around 51% above the average August 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

1 NEWMARKET ROAD Sold Prices

Land registry data shows three sales for 1 NEWMARKET ROAD 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 NEWMARKET ROAD 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
2019 23 AUG	£500,000	£331,281	51% above HPI
2005 14 DEC	£374,500	£226,999	65% above HPI
1996 26 JUL	£137,000	£75,705	81% above HPI

1 NEWMARKET ROAD 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 NEWMARKET ROAD sales between July 1996 and August 2019 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 December 2005 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 2019 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 1 NEWMARKET ROAD?

1 NEWMARKET ROAD is 172m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 1 NEWMARKET ROAD lies on this distribution: 78% of detached houses are smaller than 1 NEWMARKET ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

1 NEWMARKET ROAD: Plot and Title Map

1 NEWMARKET ROAD sits on a plot of roughly 1.1 acres, or 4,652m². The below map shows the location of 1 NEWMARKET ROAD, 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 NEWMARKET ROAD). 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 NEWMARKET ROAD?

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