54A, COLNEY LANE, CRINGLEFORD, NORWICH, NR4 7RF - £452,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

54A COLNEY LANE is a small detached house of 109m², which could now be worth an estimated £541,039. It was last sold for £452,500 in September 2020, which was around 23% above the average September 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was B.

54A COLNEY LANE Sold Prices

Land registry data shows four sales for 54A COLNEY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Most of the four 54A COLNEY LANE 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
2020 30 SEP	£452,500	£368,075	23% above HPI
2012 20 DEC	£302,250	£247,256	22% above HPI
2011 12 SEP	£315,000	£243,245	29% above HPI
2010 1 APR	£165,700	£234,908	29% below HPI

54A COLNEY LANE 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 four 54A COLNEY LANE sales between April 2010 and September 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 December 2012 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 54A COLNEY LANE be worth now?

54A COLNEY LANE might now be worth an estimated £541,039.

This is based on house price inflation of 19.6%, between September 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 54A COLNEY LANE of £452,500 on 30th September 2020. For the value to have increased from £452,500 to £541,039 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 54A COLNEY LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2020 sale price of £452,500 represented a fair market value for the property.
• The size, condition, and specification of 54A COLNEY LANE has not materially changed since September 2020.

How Large is 54A COLNEY LANE?

54A COLNEY LANE is 109m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of detached houses houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cringleford, and where 54A COLNEY LANE lies on this distribution: 22% of detached houses houses are smaller than 54A COLNEY LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

54A COLNEY LANE: Plot and Title Map

54A COLNEY LANE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 54A COLNEY LANE, 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 54A COLNEY LANE). 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 54A COLNEY LANE?

54A COLNEY LANE is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 54A on COLNEY LANE.