11, THE RIDINGS, CRINGLEFORD, NORWICH, NR4 6UJ - £240,000

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

11 THE RIDINGS is a very small extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £240,000 in February 2011, which was around 4% above the average February 2011 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

11 THE RIDINGS Sold Prices

Land registry data shows three sales for 11 THE RIDINGS 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 11 THE RIDINGS sales were a mix of above the average price, roughly equal to the average price, and 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
2011 16 FEB	£240,000	£230,315	4% above HPI
2006 25 JUL	£217,500	£235,879	8% below HPI
1997 21 MAR	£78,950	£78,922	Close to HPI

11 THE RIDINGS 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 11 THE RIDINGS sales between March 1997 and February 2011 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2011 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 11 THE RIDINGS?

11 THE RIDINGS is 97m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 11 THE RIDINGS lies on this distribution: 15% of detached houses are smaller than 11 THE RIDINGS, and 85% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

11 THE RIDINGS: Plot and Title Map

11 THE RIDINGS sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 11 THE RIDINGS, 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 11 THE RIDINGS). 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 11 THE RIDINGS?

11 THE RIDINGS is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 11 on THE RIDINGS.