15, CRANLEIGH RISE, NORWICH, NR4 6PQ - £355,000

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

15 CRANLEIGH RISE is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £355,000 in July 2024, which was around 21% below the average July 2024 detached price in the Norwich local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

15 CRANLEIGH RISE Sold Prices

Land registry data shows two sales for 15 CRANLEIGH RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 15 CRANLEIGH RISE 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
2024 5 JUL	£355,000	£449,189	21% below HPI
2021 28 MAY	£307,500	£395,684	22% below HPI

15 CRANLEIGH RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 15 CRANLEIGH RISE sales from May 2021 and July 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 May 2021 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 15 CRANLEIGH RISE?

15 CRANLEIGH RISE is 80m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 15 CRANLEIGH RISE lies on this distribution: 18% of detached houses are smaller than 15 CRANLEIGH RISE, and 81% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 CRANLEIGH RISE: Plot and Title Map

15 CRANLEIGH RISE sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of 15 CRANLEIGH RISE, 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 15 CRANLEIGH RISE). 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 15 CRANLEIGH RISE?

15 CRANLEIGH RISE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 15 on CRANLEIGH RISE.