18, CLOVELLY DRIVE, NORWICH, NR6 5EY - £325,000

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

18 CLOVELLY DRIVE is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £325,000 in December 2022, which was around 32% below the average December 2022 detached price in the Norwich local authority area. The most recent EPC inspection was December 2013, where the current energy rating was F, and the potential energy rating was C.

18 CLOVELLY DRIVE Sold Prices

Land registry data shows three sales for 18 CLOVELLY 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 Norwich local authority area for the corresponding sale date. All of the three 18 CLOVELLY 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
2022 14 DEC	£325,000	£475,070	32% below HPI
2016 1 SEP	£210,500	£355,331	41% below HPI
2005 30 SEP	£155,000	£238,099	35% below HPI

18 CLOVELLY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 18 CLOVELLY DRIVE sales between September 2005 and December 2022 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 September 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 18 CLOVELLY DRIVE?

18 CLOVELLY DRIVE is 88m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 18 CLOVELLY DRIVE lies on this distribution: 27% of detached houses are smaller than 18 CLOVELLY DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 CLOVELLY DRIVE: Plot and Title Map

18 CLOVELLY DRIVE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 18 CLOVELLY 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 18 CLOVELLY 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 18 CLOVELLY DRIVE?

18 CLOVELLY DRIVE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 18 on CLOVELLY DRIVE.