8, CHESTNUT PLACE, CRINGLEFORD, NORWICH, NR4 7BD - £315,000

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.

8 CHESTNUT PLACE is a small semi-detached house of 108m², which could now be worth an estimated £394,344. It was last sold for £315,000 in July 2018, which was around 44% above the average July 2018 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

8 CHESTNUT PLACE Sold Prices

Land registry data shows two sales for 8 CHESTNUT PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 8 CHESTNUT PLACE 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
2018 2 JUL	£315,000	£218,344	44% above HPI
2014 1 AUG	£229,995	£177,085	30% above HPI

8 CHESTNUT PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 8 CHESTNUT PLACE sales from August 2014 and July 2018 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 2014 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2018 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 8 CHESTNUT PLACE be worth now?

8 CHESTNUT PLACE might now be worth an estimated £394,344.

This is based on house price inflation of 25.2%, between July 2018 and June 2025, for semi-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 25.2% inflationary increase is applied to the most recent sale price for 8 CHESTNUT PLACE of £315,000 on 2nd July 2018. For the value to have increased from £315,000 to £394,344 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of 8 CHESTNUT PLACE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The July 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHESTNUT PLACE has not materially changed since July 2018.

How Large is 8 CHESTNUT PLACE?

8 CHESTNUT PLACE is 108m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of semi-detached houses houses in Cringleford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cringleford, and where 8 CHESTNUT PLACE lies on this distribution: 21% of semi-detached houses houses are smaller than 8 CHESTNUT PLACE, and 78% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

8 CHESTNUT PLACE: Plot and Title Map

8 CHESTNUT PLACE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 8 CHESTNUT PLACE, 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 8 CHESTNUT PLACE). 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 8 CHESTNUT PLACE?

8 CHESTNUT PLACE is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 8 on CHESTNUT PLACE.