12, ASPEN WAY, CRINGLEFORD, NORWICH, NR4 6UA - £369,000

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

12 ASPEN WAY is a midsized detached house of 136m², built sometime between 1983 and 1990. It was last sold for £369,000 in January 2015, which was around 37% above the average January 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

12 ASPEN WAY Sold Prices

Land registry data shows three sales for 12 ASPEN 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 12 ASPEN WAY 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
2015 6 JAN	£369,000	£269,313	37% above HPI
2003 31 OCT	£307,500	£199,367	54% above HPI
1999 8 OCT	£155,000	£99,001	57% above HPI

12 ASPEN 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 12 ASPEN WAY sales between October 1999 and January 2015 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 October 2003 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the January 2015 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 12 ASPEN WAY?

12 ASPEN WAY is 136m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 12 ASPEN WAY lies on this distribution: 50% of detached houses are smaller than 12 ASPEN WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

12 ASPEN WAY: Plot and Title Map

12 ASPEN WAY sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 12 ASPEN 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 12 ASPEN 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 12 ASPEN WAY?

12 ASPEN WAY is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 12 on ASPEN WAY.