10, THE DRIVE, NORWICH, NR5 0EF - £300,000

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

10 THE DRIVE is a large detached house of 127m², built sometime between 1930 and 1949. It was last sold for £300,000 in August 2015, which was around 8% above the average August 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

10 THE DRIVE Sold Prices

Land registry data shows two sales for 10 THE 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 10 THE 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
2015 6 AUG	£300,000	£278,207	8% above HPI
1999 3 MAR	£99,950	£84,506	18% above HPI

10 THE 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 10 THE DRIVE sales from March 1999 and August 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 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 10 THE DRIVE?

10 THE DRIVE is 127m² according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 10 THE DRIVE lies on this distribution: 68% of detached houses are smaller than 10 THE DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Norwich.

10 THE DRIVE: Plot and Title Map

10 THE DRIVE sits on a plot of roughly 0.471 of an acre, or 1,906m². The below map shows the location of 10 THE 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 10 THE 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 10 THE DRIVE?

10 THE DRIVE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 10 on THE DRIVE.