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

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.

2 OAKFIELDS ROAD is a small extended detached house of 118m², built sometime between 1900 and 1929, which could now be worth an estimated £479,918. It was last sold for £440,000 in December 2021, which was around 9% 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	£403,489	9% above HPI
2006 5 MAY	£188,000	£240,984	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 OAKFIELDS ROAD be worth now?

2 OAKFIELDS ROAD might now be worth an estimated £479,918.

This is based on house price inflation of 9.1%, between December 2021 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 9.1% inflationary increase is applied to the most recent sale price for 2 OAKFIELDS ROAD of £440,000 on 10th December 2021. For the value to have increased from £440,000 to £479,918 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 OAKFIELDS ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKFIELDS ROAD has not materially changed since December 2021.

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 houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cringleford, and where 2 OAKFIELDS ROAD lies on this distribution: 33% of detached houses 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.