1, OAKWOOD DRIVE, HELLESDON, NORWICH, NR6 5FE - £410,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

1 OAKWOOD DRIVE is a large detached house of 144m². It was last sold for £410,000 in December 2023, which was about the average December 2023 detached price in the Broadland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.

1 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 1 OAKWOOD 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 Broadland local authority area for the corresponding sale date. One of the two 1 OAKWOOD DRIVE sales was roughly equal to the average price, whilst the other was 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
2023 18 DEC	£410,000	£412,017	Close to HPI
2020 14 DEC	£359,000	£356,241	1% above HPI

1 OAKWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 1 OAKWOOD DRIVE sales from December 2020 and December 2023 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 2020 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1 OAKWOOD DRIVE?

1 OAKWOOD DRIVE is 144m² according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1 OAKWOOD DRIVE lies on this distribution: 78% of detached houses are smaller than 1 OAKWOOD DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 OAKWOOD DRIVE: Plot and Title Map

1 OAKWOOD DRIVE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 1 OAKWOOD 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 OAKWOOD 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 OAKWOOD DRIVE?

1 OAKWOOD DRIVE is located in HELLESDON, in the NR6 postcode district. The below map shows the position of No. 1 on OAKWOOD DRIVE.