1, DECOY DRIVE, HOVETON, NORWICH, NR12 8GF - £390,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 DECOY DRIVE is a midsized detached house of 106m², built sometime from 2012 onwards. It was last sold for £390,000 in September 2021, which was around 5% above the average September 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

1 DECOY DRIVE Sold Prices

Land registry data shows two sales for 1 DECOY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. One of the two 1 DECOY DRIVE sales was for above the average price, whilst the other was roughly equal to 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 29 SEP	£390,000	£369,836	5% above HPI
2013 20 DEC	£249,995	£249,097	Close to HPI

1 DECOY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 1 DECOY DRIVE sales from December 2013 and September 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 December 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 1 DECOY DRIVE?

1 DECOY DRIVE is 106m² according to the EPC inspection conducted in April 2024. This puts it in the largest 50% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where 1 DECOY DRIVE lies on this distribution: 52% of detached houses are smaller than 1 DECOY DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

1 DECOY DRIVE: Plot and Title Map

1 DECOY DRIVE sits on a plot of roughly 11.6 acres, or 47,137m². The below map shows the location of 1 DECOY DRIVE, 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 1 DECOY DRIVE). 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 1 DECOY DRIVE?

1 DECOY DRIVE is located in HOVETON, in the NR12 postcode district. The below map shows the position of No. 1 on DECOY DRIVE.