12, PETERSFIELD DRIVE, HORNING, NORWICH, NR12 8FB - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 PETERSFIELD DRIVE is a midsized detached house of 116m², built sometime from 2007 onwards, which could now be worth an estimated £451,086. It was last sold for £265,000 in October 2013, which was around 7% above the average October 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

12 PETERSFIELD DRIVE Sold Prices

Land registry data shows two sales for 12 PETERSFIELD 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. One of the two 12 PETERSFIELD DRIVE sales was for above the average price, whilst the other was 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
2013 4 OCT	£265,000	£247,257	7% above HPI
2010 29 OCT	£245,000	£248,812	2% below HPI

12 PETERSFIELD 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 12 PETERSFIELD DRIVE sales from October 2010 and October 2013 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 October 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2013 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 12 PETERSFIELD DRIVE be worth now?

12 PETERSFIELD DRIVE might now be worth an estimated £451,086.

This is based on house price inflation of 70.2%, between October 2013 and December 2024, 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 70.2% inflationary increase is applied to the most recent sale price for 12 PETERSFIELD DRIVE of £265,000 on 4th October 2013. For the value to have increased from £265,000 to £451,086 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 12 PETERSFIELD DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2013 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PETERSFIELD DRIVE has not materially changed since October 2013.

How Large is 12 PETERSFIELD DRIVE?

12 PETERSFIELD DRIVE is 116m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% 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 12 PETERSFIELD DRIVE lies on this distribution: 46% of detached houses houses are smaller than 12 PETERSFIELD DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Horning.

12 PETERSFIELD DRIVE: Plot and Title Map

12 PETERSFIELD DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 12 PETERSFIELD 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 12 PETERSFIELD 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 12 PETERSFIELD DRIVE?

12 PETERSFIELD DRIVE is located in HORNING, in the NR12 postcode district. The below map shows the position of No. 12 on PETERSFIELD DRIVE.