2, ALBION DRIVE, STALHAM, NORWICH, NR12 9HF - £298,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 ALBION DRIVE is a large detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £432,179. It was last sold for £298,000 in February 2016, which was about the average February 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

2 ALBION DRIVE Sold Prices

Land registry data shows three sales for 2 ALBION 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 North Norfolk local authority area for the corresponding sale date. The three 2 ALBION DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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
2016 17 FEB	£298,000	£297,061	Close to HPI
1999 6 SEP	£129,000	£95,732	35% above HPI
1999 20 MAY	£25,000	£84,633	70% below HPI

2 ALBION 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 three 2 ALBION DRIVE sales between May 1999 and February 2016 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 1999 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 ALBION DRIVE be worth now?

2 ALBION DRIVE might now be worth an estimated £432,179.

This is based on house price inflation of 45%, between February 2016 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45% inflationary increase is applied to the most recent sale price for 2 ALBION DRIVE of £298,000 on 17th February 2016. For the value to have increased from £298,000 to £432,179 over the nine years to February 2025, the following assumptions must hold true:

• The value of 2 ALBION DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The February 2016 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALBION DRIVE has not materially changed since February 2016.

How Large is 2 ALBION DRIVE?

2 ALBION DRIVE is 132m² according to the EPC inspection conducted in June 2024. This puts it in the largest 30% of detached houses houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stalham, and where 2 ALBION DRIVE lies on this distribution: 76% of detached houses houses are smaller than 2 ALBION DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Stalham.

2 ALBION DRIVE: Plot and Title Map

2 ALBION DRIVE sits on a plot of roughly 0.219 of an acre, or 887m². The below map shows the location of 2 ALBION 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 2 ALBION 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 2 ALBION DRIVE?

2 ALBION DRIVE is located in STALHAM, in the NR12 postcode district. The below map shows the position of No. 2 on ALBION DRIVE.