4, FERN DRIVE, CRINGLEFORD, NORWICH, NR4 7JT - £385,000

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 FERN DRIVE is a large detached house of 167m², built sometime between 2003 and 2006. It was last sold for £385,000 in October 2016, which was around 24% above the average October 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

4 FERN DRIVE Sold Prices

Land registry data shows two sales for 4 FERN DRIVE 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. Both of the two 4 FERN 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
2016 21 OCT	£385,000	£310,529	24% above HPI
2011 13 OCT	£295,000	£235,629	25% above HPI

4 FERN 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 two 4 FERN DRIVE sales from October 2011 and October 2016 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 October 2011 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2016 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 4 FERN DRIVE?

4 FERN DRIVE is 167m² according to the EPC inspection conducted in October 2021. 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 4 FERN DRIVE lies on this distribution: 75% of detached houses are smaller than 4 FERN DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

4 FERN DRIVE: Plot and Title Map

4 FERN DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 4 FERN 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 4 FERN 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 4 FERN DRIVE?

4 FERN DRIVE is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 4 on FERN DRIVE.