15, PINEWOOD DRIVE, HORNING, NORWICH, NR12 8LZ - £480,000

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

15 PINEWOOD DRIVE is a large extended detached house of 154m², built sometime between 1983 and 1990. It was last sold for £480,000 in December 2020, which was around 26% above the average December 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

15 PINEWOOD DRIVE Sold Prices

Land registry data shows four sales for 15 PINEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 15 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
2020 15 DEC	£480,000	£382,434	26% above HPI
2010 27 JUL	£350,000	£246,857	42% above HPI
2004 26 MAR	£312,000	£195,139	60% above HPI
2001 18 APR	£185,000	£115,807	60% above HPI

15 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 four 15 PINEWOOD DRIVE sales between April 2001 and December 2020 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 July 2010 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the December 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 15 PINEWOOD DRIVE?

15 PINEWOOD DRIVE is 154m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Horning, based on EPC data. The below chart shows the distribution of detached houses by size in Horning, and where 15 PINEWOOD DRIVE lies on this distribution: 70% of detached houses are smaller than 15 PINEWOOD DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Horning.

15 PINEWOOD DRIVE: Plot and Title Map

15 PINEWOOD DRIVE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 15 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 15 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 15 PINEWOOD DRIVE?

15 PINEWOOD DRIVE is located in HORNING, in the NR12 postcode district. The below map shows the position of No. 15 on PINEWOOD DRIVE.