3, NEWMARKET DRIVE, CRINGLEFORD, NORWICH, NR4 6XL - £510,000

3 NEWMARKET DRIVE is a large detached house of 165m², built sometime between 1996 and 2002. It was last sold for £510,000 in September 2017, which was around 56% above the average September 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

3 NEWMARKET DRIVE Sold Prices

Land registry data shows three sales for 3 NEWMARKET 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 3 NEWMARKET 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 26 SEP	£510,000	£326,716	56% above HPI
2003 3 NOV	£317,500	£198,009	60% above HPI
2001 13 NOV	£250,000	£142,241	76% above HPI

3 NEWMARKET 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 3 NEWMARKET DRIVE sales between November 2001 and September 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 November 2003 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the September 2017 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 3 NEWMARKET DRIVE?

3 NEWMARKET DRIVE is 165m² according to the EPC inspection conducted in January 2017. This puts it in the largest 30% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 3 NEWMARKET DRIVE lies on this distribution: 72% of detached houses are smaller than 3 NEWMARKET DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

3 NEWMARKET DRIVE: Plot and Title Map

3 NEWMARKET DRIVE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 3 NEWMARKET 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 3 NEWMARKET 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 3 NEWMARKET DRIVE?

3 NEWMARKET DRIVE is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 3 on NEWMARKET DRIVE.