15, ROLAND DRIVE, HEMPNALL, NORWICH, NR15 2RB - £160,000

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 ROLAND DRIVE is a very small extended semi-detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £272,547. It was last sold for £160,000 in January 2008, which was around 4% below the average January 2008 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was A.

15 ROLAND DRIVE Sold Prices

Land registry data shows two sales for 15 ROLAND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 15 ROLAND 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
2008 11 JAN	£160,000	£166,333	4% below HPI
1996 28 JUN	£38,000	£46,501	18% below HPI

15 ROLAND DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 15 ROLAND DRIVE sales from June 1996 and January 2008 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 June 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2008 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 ROLAND DRIVE be worth now?

15 ROLAND DRIVE might now be worth an estimated £272,547.

This is based on house price inflation of 70.3%, between January 2008 and February 2025, for semi-detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.3% inflationary increase is applied to the most recent sale price for 15 ROLAND DRIVE of £160,000 on 11th January 2008. For the value to have increased from £160,000 to £272,547 over the sixteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 ROLAND DRIVE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The January 2008 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ROLAND DRIVE has not materially changed since January 2008.

How Large is 15 ROLAND DRIVE?

15 ROLAND DRIVE is 74m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of semi-detached houses houses in Hempnall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hempnall, and where 15 ROLAND DRIVE lies on this distribution: 18% of semi-detached houses houses are smaller than 15 ROLAND DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hempnall.

15 ROLAND DRIVE: Plot and Title Map

15 ROLAND DRIVE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 15 ROLAND 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 ROLAND 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 ROLAND DRIVE?

15 ROLAND DRIVE is located in HEMPNALL, in the NR15 postcode district. The below map shows the position of No. 15 on ROLAND DRIVE.