18, THE RIDINGS, CRINGLEFORD, NORWICH, NR4 6UJ - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 THE RIDINGS is a very small detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £507,565. It was last sold for £390,000 in March 2018, which was around 15% above the average March 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

18 THE RIDINGS Sold Prices

Land registry data shows five sales for 18 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 18 THE RIDINGS 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
2018 26 MAR	£390,000	£338,158	15% above HPI
2015 21 AUG	£330,000	£286,925	15% above HPI
2014 24 APR	£272,500	£258,006	6% above HPI
2007 23 FEB	£269,000	£253,967	6% above HPI
1998 9 OCT	£99,950	£92,370	8% above HPI

18 THE RIDINGS 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 five 18 THE RIDINGS sales between October 1998 and March 2018 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 August 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2018 sale, which was also at 15% above the HPI.

What might 18 THE RIDINGS be worth now?

18 THE RIDINGS might now be worth an estimated £507,565.

This is based on house price inflation of 30.1%, between March 2018 and February 2025, for 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 30.1% inflationary increase is applied to the most recent sale price for 18 THE RIDINGS of £390,000 on 26th March 2018. For the value to have increased from £390,000 to £507,565 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 18 THE RIDINGS has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The March 2018 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE RIDINGS has not materially changed since March 2018.

How Large is 18 THE RIDINGS?

18 THE RIDINGS is 102m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cringleford, and where 18 THE RIDINGS lies on this distribution: 18% of detached houses houses are smaller than 18 THE RIDINGS, and 81% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

18 THE RIDINGS: Plot and Title Map

18 THE RIDINGS sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 18 THE RIDINGS, 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 RIDINGS). 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 RIDINGS?

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