18, THE PINES, CRINGLEFORD, NORWICH, NR4 7LT - £125,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 THE PINES is a very small semi-detached house of 80m², built sometime from 2007 onwards, which could now be worth an estimated £189,192. It was last sold for £125,000 in September 2015, which was around 33% below the average September 2015 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

18 THE PINES Sold Prices

Land registry data shows two sales for 18 THE PINES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 18 THE PINES 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
2015 22 SEP	£125,000	£187,201	33% below HPI
2008 11 APR	£112,500	£163,116	31% below HPI

18 THE PINES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 18 THE PINES sales from April 2008 and September 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 April 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 18 THE PINES be worth now?

18 THE PINES might now be worth an estimated £189,192.

This is based on house price inflation of 51.4%, between September 2015 and February 2025, for semi-detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.4% inflationary increase is applied to the most recent sale price for 18 THE PINES of £125,000 on 22nd September 2015. For the value to have increased from £125,000 to £189,192 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 THE PINES has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The September 2015 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE PINES has not materially changed since September 2015.

How Large is 18 THE PINES?

18 THE PINES is 80m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of semi-detached houses houses in Cringleford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cringleford, and where 18 THE PINES lies on this distribution: 3% of semi-detached houses houses are smaller than 18 THE PINES, and 96% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

18 THE PINES: Plot and Title Map

18 THE PINES sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 18 THE PINES, 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 18 THE PINES). 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 18 THE PINES?

18 THE PINES is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 18 on THE PINES.