1, VIOLET DRIVE, SHERINGHAM, NR26 8XB - £499,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 VIOLET DRIVE is a small detached house of 100m², built sometime between 1991 and 1995, which could now be worth an estimated £520,830. It was last sold for £499,000 in December 2021, which was around 21% above the average December 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

1 VIOLET DRIVE Sold Prices

Land registry data shows two sales for 1 VIOLET 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. Both of the two 1 VIOLET DRIVE sales were 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
2021 21 DEC	£499,000	£412,760	21% above HPI
2009 23 SEP	£265,000	£239,254	11% above HPI

1 VIOLET 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 VIOLET DRIVE sales from September 2009 and December 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 September 2009 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 1 VIOLET DRIVE be worth now?

1 VIOLET DRIVE might now be worth an estimated £520,830.

This is based on house price inflation of 4.4%, between December 2021 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.4% inflationary increase is applied to the most recent sale price for 1 VIOLET DRIVE of £499,000 on 21st December 2021. For the value to have increased from £499,000 to £520,830 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 VIOLET DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2021 sale price of £499,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VIOLET DRIVE has not materially changed since December 2021.

How Large is 1 VIOLET DRIVE?

1 VIOLET DRIVE is 100m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 1 VIOLET DRIVE lies on this distribution: 35% of detached houses houses are smaller than 1 VIOLET DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

1 VIOLET DRIVE: Plot and Title Map

1 VIOLET DRIVE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 1 VIOLET 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 VIOLET 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 VIOLET DRIVE?

1 VIOLET DRIVE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 1 on VIOLET DRIVE.