23, NEWFOUND DRIVE, NORWICH, NR4 7RY - £745,000

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

23 NEWFOUND DRIVE is a very large extended detached house of 232m², built sometime between 1967 and 1975. It was last sold for £745,000 in December 2017, which was around 129% above the average December 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

23 NEWFOUND DRIVE Sold Prices

Land registry data shows three sales for 23 NEWFOUND DRIVE 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. All of the three 23 NEWFOUND DRIVE 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
2017 22 DEC	£745,000	£325,739	129% above HPI
2001 10 AUG	£181,000	£136,149	33% above HPI
1998 11 SEP	£99,500	£87,513	14% above HPI

23 NEWFOUND DRIVE 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 23 NEWFOUND DRIVE sales between September 1998 and December 2017 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 2001 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the December 2017 sale, where it rises to 129% above the HPI. The line then continues to track at 129% above the HPI.

How Large is 23 NEWFOUND DRIVE?

23 NEWFOUND DRIVE is 232m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 23 NEWFOUND DRIVE lies on this distribution: 94% of detached houses are smaller than 23 NEWFOUND DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

23 NEWFOUND DRIVE: Plot and Title Map

23 NEWFOUND DRIVE sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of 23 NEWFOUND DRIVE, 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 23 NEWFOUND DRIVE). 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 23 NEWFOUND DRIVE?

23 NEWFOUND DRIVE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 23 on NEWFOUND DRIVE.