4, LAVENDER DRIVE, CRINGLEFORD, NORWICH, NR4 7SQ - £425,000

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 LAVENDER DRIVE is a small detached house of 116m². It was last sold for £425,000 in January 2021, which was around 17% above the average January 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was B, and the potential energy rating was B.

4 LAVENDER DRIVE Sold Prices

Land registry data shows two sales for 4 LAVENDER 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 LAVENDER 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
2021 8 JAN	£425,000	£364,601	17% above HPI
2014 14 FEB	£295,950	£256,167	16% above HPI

4 LAVENDER 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 LAVENDER DRIVE sales from February 2014 and January 2021 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 February 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 4 LAVENDER DRIVE?

4 LAVENDER DRIVE is 116m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 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 LAVENDER DRIVE lies on this distribution: 29% of detached houses are smaller than 4 LAVENDER DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

4 LAVENDER DRIVE: Plot and Title Map

4 LAVENDER DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 4 LAVENDER 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 LAVENDER 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 LAVENDER DRIVE?

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