56, NEWMARKET ROAD, CRINGLEFORD, NORWICH, NR4 6UF - £522,500

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

56 NEWMARKET ROAD is a midsized extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £522,500 in August 2022, which was around 26% above the average August 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

56 NEWMARKET ROAD Sold Prices

Land registry data shows three sales for 56 NEWMARKET ROAD 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. One of the three 56 NEWMARKET ROAD sales was for above the average price, whilst two 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
2022 23 AUG	£522,500	£414,777	26% above HPI
2010 22 APR	£175,000	£227,770	23% below HPI
1998 16 JAN	£82,000	£83,896	2% below HPI

56 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 three 56 NEWMARKET ROAD sales between January 1998 and August 2022 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 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 56 NEWMARKET ROAD?

56 NEWMARKET ROAD is 139m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 56 NEWMARKET ROAD lies on this distribution: 53% of detached houses are smaller than 56 NEWMARKET ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

56 NEWMARKET ROAD: Plot and Title Map

56 NEWMARKET ROAD sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 56 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 56 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 56 NEWMARKET ROAD?

56 NEWMARKET ROAD is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 56 on NEWMARKET ROAD.