12, DRAGONFLY LANE, CRINGLEFORD, NORWICH, NR4 7JR - £335,000

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.

12 DRAGONFLY LANE is a small terraced house of 108m², built sometime between 2007 and 2011, which could now be worth an estimated £317,358. It was last sold for £335,000 in September 2022, which was around 43% above the average September 2022 terraced price in the South Norfolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

12 DRAGONFLY LANE Sold Prices

Land registry data shows four sales for 12 DRAGONFLY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. All of the four 12 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
2022 12 SEP	£335,000	£234,601	43% above HPI
2020 8 OCT	£288,250	£195,846	47% above HPI
2017 13 OCT	£290,000	£179,352	62% above HPI
2009 23 JUL	£199,000	£122,066	63% above HPI

12 DRAGONFLY LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Norfolk local authority area over time, sourced from the HPI. The four 12 DRAGONFLY LANE sales between July 2009 and September 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 October 2020 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the September 2022 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 12 DRAGONFLY LANE be worth now?

12 DRAGONFLY LANE might now be worth an estimated £317,358.

This is based on house price deflation of 5.3%, between September 2022 and July 2025, for terraced 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 5.3% deflationary decrease is applied to the most recent sale price for 12 DRAGONFLY LANE of £335,000 on 12th September 2022. For the value to have decreased from £335,000 to £317,358 over the three years and two months to July 2025, the following assumptions must hold true:

• The value of 12 DRAGONFLY LANE has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The September 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 12 DRAGONFLY LANE has not materially changed since September 2022.

How Large is 12 DRAGONFLY LANE?

12 DRAGONFLY LANE is 108m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of terraced houses houses in Cringleford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cringleford, and where 12 DRAGONFLY LANE lies on this distribution: 21% of terraced houses houses are smaller than 12 DRAGONFLY LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

12 DRAGONFLY LANE: Plot and Title Map

12 DRAGONFLY LANE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 12 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 12 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 12 DRAGONFLY LANE?

12 DRAGONFLY LANE is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 12 on DRAGONFLY LANE.