1, PENNYCRESS DRIVE, WYMONDHAM, NR18 0YD - £315,000

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 PENNYCRESS DRIVE is a very small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £315,000 in August 2024, which was around 22% below the average August 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

1 PENNYCRESS DRIVE Sold Prices

Land registry data shows three sales for 1 PENNYCRESS 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 South Norfolk local authority area for the corresponding sale date. All of the three 1 PENNYCRESS 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
2024 8 AUG	£315,000	£401,374	22% below HPI
2013 29 NOV	£207,500	£247,142	16% below HPI
2002 31 MAY	£112,995	£151,085	25% below HPI

1 PENNYCRESS 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 three 1 PENNYCRESS DRIVE sales between May 2002 and August 2024 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 November 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 PENNYCRESS DRIVE?

1 PENNYCRESS DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 1 PENNYCRESS DRIVE lies on this distribution: 15% of detached houses are smaller than 1 PENNYCRESS DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

1 PENNYCRESS DRIVE: Plot and Title Map

1 PENNYCRESS DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 1 PENNYCRESS 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 PENNYCRESS 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 PENNYCRESS DRIVE?

1 PENNYCRESS DRIVE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 1 on PENNYCRESS DRIVE.