2, OAKFIELDS ROAD, NORWICH, NR4 6XE - £440,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 OAKFIELDS ROAD is a small extended detached house of 118m², built sometime between 1900 and 1929. It was last sold for £440,000 in December 2021, which was around 12% above the average December 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

2 OAKFIELDS ROAD Sold Prices

Land registry data shows two sales for 2 OAKFIELDS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 2 OAKFIELDS ROAD sales was for above the average price, whilst the other 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
2021 10 DEC	£440,000	£391,229	12% above HPI
2006 5 MAY	£188,000	£233,662	20% below HPI

2 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 two 2 OAKFIELDS ROAD sales from May 2006 and December 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 May 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 OAKFIELDS ROAD?

2 OAKFIELDS ROAD is 118m², which includes one extension, according to the EPC inspection conducted in April 2017. 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 2 OAKFIELDS ROAD lies on this distribution: 33% of detached houses are smaller than 2 OAKFIELDS ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

2 OAKFIELDS ROAD: Plot and Title Map

2 OAKFIELDS ROAD sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 2 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 2 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 2 OAKFIELDS ROAD?

2 OAKFIELDS ROAD is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 2 on OAKFIELDS ROAD.