11, PINEWOOD DRIVE, HORNING, NORWICH, NR12 8LZ - £475,000

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.

11 PINEWOOD DRIVE is a large detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £532,048. It was last sold for £475,000 in July 2021, which was around 23% above the average July 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

11 PINEWOOD DRIVE Sold Prices

Land registry data shows three sales for 11 PINEWOOD 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 North Norfolk local authority area for the corresponding sale date. All of the three 11 PINEWOOD 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 20 JUL	£475,000	£384,623	23% above HPI
2005 8 APR	£325,000	£200,622	62% above HPI
1996 20 AUG	£102,000	£68,348	49% above HPI

11 PINEWOOD 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 three 11 PINEWOOD DRIVE sales between August 1996 and July 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 April 2005 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the July 2021 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 11 PINEWOOD DRIVE be worth now?

11 PINEWOOD DRIVE might now be worth an estimated £532,048.

This is based on house price inflation of 12%, between July 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 12% inflationary increase is applied to the most recent sale price for 11 PINEWOOD DRIVE of £475,000 on 20th July 2021. For the value to have increased from £475,000 to £532,048 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 11 PINEWOOD DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PINEWOOD DRIVE has not materially changed since July 2021.

How Large is 11 PINEWOOD DRIVE?

11 PINEWOOD DRIVE is 150m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses houses in Horning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horning, and where 11 PINEWOOD DRIVE lies on this distribution: 66% of detached houses houses are smaller than 11 PINEWOOD DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Horning.

11 PINEWOOD DRIVE: Plot and Title Map

11 PINEWOOD DRIVE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 11 PINEWOOD 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 11 PINEWOOD 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 11 PINEWOOD DRIVE?

11 PINEWOOD DRIVE is located in HORNING, in the NR12 postcode district. The below map shows the position of No. 11 on PINEWOOD DRIVE.