1, OTTER DRIVE, MULBARTON, NORWICH, NR14 8QG - £345,000

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 OTTER DRIVE is a small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £345,000 in October 2022, which was around 19% below the average October 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

1 OTTER DRIVE Sold Prices

Land registry data shows two sales for 1 OTTER 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 South Norfolk local authority area for the corresponding sale date. Both of the two 1 OTTER 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
2022 21 OCT	£345,000	£424,568	19% below HPI
2013 30 JAN	£165,000	£238,819	31% below HPI

1 OTTER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 1 OTTER DRIVE sales from January 2013 and October 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 January 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 OTTER DRIVE?

1 OTTER DRIVE is 89m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 1 OTTER DRIVE lies on this distribution: 22% of detached houses are smaller than 1 OTTER DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

1 OTTER DRIVE: Plot and Title Map

1 OTTER DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 1 OTTER 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 OTTER 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 OTTER DRIVE?

1 OTTER DRIVE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 1 on OTTER DRIVE.