15, COLKETT DRIVE, OLD CATTON, NORWICH, NR6 7ND - £360,000

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.

15 COLKETT DRIVE is a midsized detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £457,075. It was last sold for £360,000 in February 2018, which was around 8% above the average February 2018 detached price in the Broadland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

15 COLKETT DRIVE Sold Prices

Land registry data shows two sales for 15 COLKETT 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 Broadland local authority area for the corresponding sale date. One of the two 15 COLKETT 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
2018 5 FEB	£360,000	£333,592	8% above HPI
2012 16 MAY	£187,000	£246,677	24% below HPI

15 COLKETT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 15 COLKETT DRIVE sales from May 2012 and February 2018 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 May 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 15 COLKETT DRIVE be worth now?

15 COLKETT DRIVE might now be worth an estimated £457,075.

This is based on house price inflation of 27%, between February 2018 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for 15 COLKETT DRIVE of £360,000 on 5th February 2018. For the value to have increased from £360,000 to £457,075 over the seven years to February 2025, the following assumptions must hold true:

• The value of 15 COLKETT DRIVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2018 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 15 COLKETT DRIVE has not materially changed since February 2018.

How Large is 15 COLKETT DRIVE?

15 COLKETT DRIVE is 107m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 15 COLKETT DRIVE lies on this distribution: 47% of detached houses houses are smaller than 15 COLKETT DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 COLKETT DRIVE: Plot and Title Map

15 COLKETT DRIVE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 15 COLKETT 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 15 COLKETT 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 15 COLKETT DRIVE?

15 COLKETT DRIVE is located in OLD CATTON, in the NR6 postcode district. The below map shows the position of No. 15 on COLKETT DRIVE.