1, MALTHOUSE DRIVE, HOVETON, NORWICH, NR12 8GN - £260,000

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

1 MALTHOUSE DRIVE is a very small detached house of 74m². It was last sold for £260,000 in May 2015, which was around 4% below the average May 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

1 MALTHOUSE DRIVE Sold Prices

Land registry data shows three sales for 1 MALTHOUSE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 1 MALTHOUSE DRIVE sales were for below 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
2015 7 MAY	£260,000	£271,039	4% below HPI
2015 3 MAR	£184,000	£273,735	33% below HPI
2013 20 DEC	£241,950	£249,097	3% below HPI

1 MALTHOUSE 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 three 1 MALTHOUSE DRIVE sales between December 2013 and May 2015 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 March 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 MALTHOUSE DRIVE?

1 MALTHOUSE DRIVE is 74m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% 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 MALTHOUSE DRIVE lies on this distribution: 11% of detached houses are smaller than 1 MALTHOUSE DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

1 MALTHOUSE DRIVE: Plot and Title Map

1 MALTHOUSE DRIVE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 1 MALTHOUSE 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 MALTHOUSE 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 MALTHOUSE DRIVE?

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