58, DRAGONFLY LANE, CRINGLEFORD, NORWICH, NR4 7JR - £505,000

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.

58 DRAGONFLY LANE is a very small detached house of 76m², which could now be worth an estimated £578,643. It was last sold for £505,000 in September 2021, which was around 31% above the average September 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2011, where the current energy rating was B, and the potential energy rating was B.

58 DRAGONFLY LANE Sold Prices

Land registry data shows three sales for 58 DRAGONFLY LANE 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. All of the three 58 DRAGONFLY 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
2021 24 SEP	£505,000	£384,085	31% above HPI
2015 27 FEB	£390,000	£276,348	41% above HPI
2011 16 DEC	£338,000	£243,389	39% above HPI

58 DRAGONFLY 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 three 58 DRAGONFLY LANE sales between December 2011 and September 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 2015 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2021 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 58 DRAGONFLY LANE be worth now?

58 DRAGONFLY LANE might now be worth an estimated £578,643.

This is based on house price inflation of 14.6%, between September 2021 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 14.6% inflationary increase is applied to the most recent sale price for 58 DRAGONFLY LANE of £505,000 on 24th September 2021. For the value to have increased from £505,000 to £578,643 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 58 DRAGONFLY LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2021 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 58 DRAGONFLY LANE has not materially changed since September 2021.

How Large is 58 DRAGONFLY LANE?

58 DRAGONFLY LANE is 76m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% 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 58 DRAGONFLY LANE lies on this distribution: 2% of detached houses houses are smaller than 58 DRAGONFLY LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

58 DRAGONFLY LANE: Plot and Title Map

58 DRAGONFLY LANE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 58 DRAGONFLY 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 58 DRAGONFLY 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 58 DRAGONFLY LANE?

58 DRAGONFLY LANE is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 58 on DRAGONFLY LANE.