7, CHERRYWOOD, ALPINGTON, NORWICH, NR14 7NJ - £485,000

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

7 CHERRYWOOD is a very large detached house of 165m², built sometime between 1967 and 1975. It was last sold for £485,000 in December 2021, which was around 24% above the average December 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was D.

7 CHERRYWOOD Sold Prices

Land registry data shows two sales for 7 CHERRYWOOD 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. One of the two 7 CHERRYWOOD sales was for above the average price, whilst the other was 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
2021 2 DEC	£485,000	£391,229	24% above HPI
2016 25 AUG	£215,000	£306,787	30% below HPI

7 CHERRYWOOD 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 7 CHERRYWOOD sales from August 2016 and December 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 August 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 7 CHERRYWOOD?

7 CHERRYWOOD is 165m² according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of detached houses in Alpington, based on EPC data. The below chart shows the distribution of detached houses by size in Alpington, and where 7 CHERRYWOOD lies on this distribution: 92% of detached houses are smaller than 7 CHERRYWOOD, and 8% of houses are larger. Note that EPC data is not available for all properties in Alpington.

7 CHERRYWOOD: Plot and Title Map

7 CHERRYWOOD sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 7 CHERRYWOOD, 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 7 CHERRYWOOD). 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 7 CHERRYWOOD?

7 CHERRYWOOD is located in ALPINGTON, in the NR14 postcode district. The below map shows the position of No. 7 on CHERRYWOOD.