16, CHERRYWOOD, ALPINGTON, NORWICH, NR14 7NJ - £350,000

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

16 CHERRYWOOD is a midsized extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £350,000 in August 2022, which was around 16% below the average August 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

16 CHERRYWOOD Sold Prices

Land registry data shows three sales for 16 CHERRYWOOD 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 16 CHERRYWOOD 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
2022 12 AUG	£350,000	£414,777	16% below HPI
2016 19 APR	£249,350	£297,615	16% below HPI
2004 23 JAN	£142,000	£198,137	28% below HPI

16 CHERRYWOOD 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 16 CHERRYWOOD sales between January 2004 and August 2022 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 April 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2022 sale, which was also at 16% below the HPI.

How Large is 16 CHERRYWOOD?

16 CHERRYWOOD is 97m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Alpington, based on EPC data. The below chart shows the distribution of detached houses by size in Alpington, and where 16 CHERRYWOOD lies on this distribution: 46% of detached houses are smaller than 16 CHERRYWOOD, and 54% of houses are larger. Note that EPC data is not available for all properties in Alpington.

16 CHERRYWOOD: Plot and Title Map

16 CHERRYWOOD sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 16 CHERRYWOOD, 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 16 CHERRYWOOD). 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 16 CHERRYWOOD?

16 CHERRYWOOD is located in ALPINGTON, in the NR14 postcode district. The below map shows the position of No. 16 on CHERRYWOOD.