14, OTTER DRIVE, MULBARTON, NORWICH, NR14 8QG - £298,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 OTTER DRIVE is a midsized extended detached house of 124m², built sometime between 1976 and 1982. It was last sold for £298,000 in August 2019, which was around 10% below the average August 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

14 OTTER DRIVE Sold Prices

Land registry data shows three sales for 14 OTTER 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 14 OTTER 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
2019 9 AUG	£298,000	£331,281	10% below HPI
2008 4 MAR	£216,000	£255,442	15% below HPI
1999 27 SEP	£82,500	£96,855	15% below HPI

14 OTTER 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 14 OTTER DRIVE sales between September 1999 and August 2019 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 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 14 OTTER DRIVE?

14 OTTER DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 14 OTTER DRIVE lies on this distribution: 50% of detached houses are smaller than 14 OTTER DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

14 OTTER DRIVE: Plot and Title Map

14 OTTER DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 14 OTTER 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 14 OTTER 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 14 OTTER DRIVE?

14 OTTER DRIVE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 14 on OTTER DRIVE.