2, 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

2 CLOVELLY DRIVE is a midsized detached house of 117m², built sometime between 1976 and 1982. 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 March 2015, where the current energy rating was D, and the potential energy rating was B.

2 CLOVELLY DRIVE Sold Prices

Land registry data shows three sales for 2 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 2 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
2015 24 AUG	£232,000	£323,623	28% below HPI
1999 1 JUL	£88,000	£97,053	9% below HPI

2 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 2 CLOVELLY DRIVE sales between July 1999 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 August 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 CLOVELLY DRIVE?

2 CLOVELLY DRIVE is 117m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 2 CLOVELLY DRIVE lies on this distribution: 60% of detached houses are smaller than 2 CLOVELLY DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 CLOVELLY DRIVE: Plot and Title Map

2 CLOVELLY DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 2 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 2 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 2 CLOVELLY DRIVE?

2 CLOVELLY DRIVE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 2 on CLOVELLY DRIVE.