50, NEWMARKET ROAD, CRINGLEFORD, NORWICH, NR4 6UF - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

50 NEWMARKET ROAD is a small extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £365,000 in April 2021, which was about the average April 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

50 NEWMARKET ROAD Sold Prices

Land registry data shows five sales for 50 NEWMARKET ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. The five 50 NEWMARKET ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2021 1 APR	£365,000	£365,171	Close to HPI
2018 20 APR	£355,000	£329,503	8% above HPI
2014 7 NOV	£250,000	£276,540	10% below HPI
2005 13 JAN	£210,000	£219,230	4% below HPI
1996 21 OCT	£64,000	£76,289	16% below HPI

50 NEWMARKET ROAD 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 five 50 NEWMARKET ROAD sales between October 1996 and April 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 April 2018 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 50 NEWMARKET ROAD?

50 NEWMARKET ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 50 NEWMARKET ROAD lies on this distribution: 33% of detached houses are smaller than 50 NEWMARKET ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

50 NEWMARKET ROAD: Plot and Title Map

50 NEWMARKET ROAD sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 50 NEWMARKET ROAD, 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 50 NEWMARKET ROAD). 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 50 NEWMARKET ROAD?

50 NEWMARKET ROAD is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 50 on NEWMARKET ROAD.