16, NEWMARKET ROAD, CRINGLEFORD, NORWICH, NR4 6UE - £575,000

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 NEWMARKET ROAD is a very large extended detached house of 194m², built sometime between 1976 and 1982. It was last sold for £575,000 in April 2021, which was around 57% above the average April 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

16 NEWMARKET ROAD Sold Prices

Land registry data shows three sales for 16 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 16 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
2021 19 APR	£575,000	£365,171	57% above HPI
2000 19 DEC	£177,000	£122,783	44% above HPI
1995 16 AUG	£150,000	£71,690	109% above HPI

16 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 16 NEWMARKET ROAD sales between August 1995 and April 2021 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 2000 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2021 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 16 NEWMARKET ROAD?

16 NEWMARKET ROAD is 194m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 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 16 NEWMARKET ROAD lies on this distribution: 87% of detached houses are smaller than 16 NEWMARKET ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

16 NEWMARKET ROAD: Plot and Title Map

16 NEWMARKET ROAD sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 16 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 16 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 16 NEWMARKET ROAD?

16 NEWMARKET ROAD is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 16 on NEWMARKET ROAD.