16, OAKFIELDS ROAD, NORWICH, NR4 6XE - £432,500

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 OAKFIELDS ROAD is a small extended detached house of 117m², built sometime between 1900 and 1929. It was last sold for £432,500 in November 2019, which was around 26% above the average November 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

16 OAKFIELDS ROAD Sold Prices

Land registry data shows three sales for 16 OAKFIELDS 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. Two of the three 16 OAKFIELDS ROAD sales were for above the average price, whilst one was 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
2019 22 NOV	£432,500	£341,931	26% above HPI
2015 2 JAN	£405,000	£269,313	50% above HPI
2013 9 AUG	£157,000	£242,885	35% below HPI

16 OAKFIELDS 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 OAKFIELDS ROAD sales between August 2013 and November 2019 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 January 2015 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2019 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 16 OAKFIELDS ROAD?

16 OAKFIELDS ROAD is 117m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% 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 OAKFIELDS ROAD lies on this distribution: 31% of detached houses are smaller than 16 OAKFIELDS ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

16 OAKFIELDS ROAD: Plot and Title Map

16 OAKFIELDS ROAD sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 16 OAKFIELDS 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 OAKFIELDS 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 OAKFIELDS ROAD?

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