7, NEWMARKET ROAD, CRINGLEFORD, NORWICH, NR4 6UE - £395,000

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 NEWMARKET ROAD is a large detached house of 161m², built sometime between 1996 and 2002. It was last sold for £395,000 in January 2006, which was around 75% above the average January 2006 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

7 NEWMARKET ROAD Sold Prices

Land registry data shows two sales for 7 NEWMARKET ROAD 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. Both of the two 7 NEWMARKET ROAD 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
2006 20 JAN	£395,000	£226,152	75% above HPI
2001 30 APR	£240,000	£125,381	91% above HPI

7 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 two 7 NEWMARKET ROAD sales from April 2001 and January 2006 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 2001 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the January 2006 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 7 NEWMARKET ROAD?

7 NEWMARKET ROAD is 161m² according to the EPC inspection conducted in October 2022. This puts it in the largest 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 7 NEWMARKET ROAD lies on this distribution: 67% of detached houses are smaller than 7 NEWMARKET ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

7 NEWMARKET ROAD: Plot and Title Map

7 NEWMARKET ROAD sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 7 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 7 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 7 NEWMARKET ROAD?

7 NEWMARKET ROAD is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 7 on NEWMARKET ROAD.