2, ARAN DRIVE, SHERINGHAM, NR26 8UR - £425,000

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.

2 ARAN DRIVE is a midsized detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £431,991. It was last sold for £425,000 in September 2024, which was about the average September 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

2 ARAN DRIVE Sold Prices

Land registry data shows two sales for 2 ARAN 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 North Norfolk local authority area for the corresponding sale date. One of the two 2 ARAN DRIVE sales was roughly equal to the average price, whilst the other was 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
2024 13 SEP	£425,000	£423,845	Close to HPI
2007 22 MAR	£273,000	£238,095	15% above HPI

2 ARAN 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 two 2 ARAN DRIVE sales from March 2007 and September 2024 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 March 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2024 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 ARAN DRIVE be worth now?

2 ARAN DRIVE might now be worth an estimated £431,991.

This is based on house price inflation of 1.6%, between September 2024 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 1.6% inflationary increase is applied to the most recent sale price for 2 ARAN DRIVE of £425,000 on 13th September 2024. For the value to have increased from £425,000 to £431,991 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 2 ARAN DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ARAN DRIVE has not materially changed since September 2024.

How Large is 2 ARAN DRIVE?

2 ARAN DRIVE is 118m² according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 2 ARAN DRIVE lies on this distribution: 51% of detached houses houses are smaller than 2 ARAN DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

2 ARAN DRIVE: Plot and Title Map

2 ARAN DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 2 ARAN 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 ARAN 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 ARAN DRIVE?

2 ARAN DRIVE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 2 on ARAN DRIVE.