32, THE RIDINGS, PORINGLAND, NORWICH, NR14 7GE - £325,000

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

32 THE RIDINGS is a midsized detached house of 124m². It was last sold for £325,000 in January 2020, which was around 5% below the average January 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

32 THE RIDINGS Sold Prices

Land registry data shows two sales for 32 THE RIDINGS 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 32 THE RIDINGS sales was for below the average price, whilst the other was 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
2020 31 JAN	£325,000	£341,284	5% below HPI
2017 26 MAY	£330,000	£313,556	5% above HPI

32 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 two 32 THE RIDINGS sales from May 2017 and January 2020 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 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 32 THE RIDINGS?

32 THE RIDINGS is 124m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 32 THE RIDINGS lies on this distribution: 50% of detached houses are smaller than 32 THE RIDINGS, and 49% of houses are larger. Note that EPC data is not available for all properties in Poringland.

32 THE RIDINGS: Plot and Title Map

32 THE RIDINGS sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 32 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 32 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 32 THE RIDINGS?

32 THE RIDINGS is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 32 on THE RIDINGS.