4, CHERRYWOOD, ALPINGTON, NORWICH, NR14 7NJ - £220,000

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

4 CHERRYWOOD is a very small extended detached house of 70m², built sometime between 1967 and 1975. It was last sold for £220,000 in October 2019, which was around 35% below the average October 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

4 CHERRYWOOD Sold Prices

Land registry data shows three sales for 4 CHERRYWOOD 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 4 CHERRYWOOD sales were 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
2019 24 OCT	£220,000	£340,368	35% below HPI
2012 3 AUG	£152,000	£238,112	36% below HPI
1998 14 DEC	£58,000	£89,479	35% below HPI

4 CHERRYWOOD 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 4 CHERRYWOOD sales between December 1998 and October 2019 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 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2019 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 4 CHERRYWOOD?

4 CHERRYWOOD is 70m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Alpington, based on EPC data. The below chart shows the distribution of detached houses by size in Alpington, and where 4 CHERRYWOOD lies on this distribution: 5% of detached houses are smaller than 4 CHERRYWOOD, and 95% of houses are larger. Note that EPC data is not available for all properties in Alpington.

4 CHERRYWOOD: Plot and Title Map

4 CHERRYWOOD sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 4 CHERRYWOOD, 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 4 CHERRYWOOD). 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 4 CHERRYWOOD?

4 CHERRYWOOD is located in ALPINGTON, in the NR14 postcode district. The below map shows the position of No. 4 on CHERRYWOOD.