7, THE RIDINGS, CRINGLEFORD, NORWICH, NR4 6UJ - £367,000

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 THE RIDINGS is a small extended detached house of 106m², built sometime between 1976 and 1982. It was last sold for £367,000 in June 2017, which was around 17% above the average June 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

7 THE RIDINGS Sold Prices

Land registry data shows three sales for 7 THE RIDINGS 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 7 THE RIDINGS 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
2017 23 JUN	£367,000	£313,571	17% above HPI
2010 23 JUL	£246,000	£239,995	3% above HPI
2004 13 AUG	£235,000	£215,421	9% above HPI

7 THE RIDINGS 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 7 THE RIDINGS sales between August 2004 and June 2017 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 July 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 7 THE RIDINGS?

7 THE RIDINGS is 106m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% 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 THE RIDINGS lies on this distribution: 20% of detached houses are smaller than 7 THE RIDINGS, and 80% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

7 THE RIDINGS: Plot and Title Map

7 THE RIDINGS sits on a plot of roughly 0.112 of an acre, or 451m². The below map shows the location of 7 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

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