Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 ELIZABETH DRIVE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £195,000 in October 2020, which was around 39% below the average October 2020 detached price in the Breckland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 2 ELIZABETH DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the six 2 ELIZABETH 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 |
---|---|---|---|
2020 14 OCT | £195,000 | £317,301 | 39% below HPI |
2020 21 AUG | £190,000 | £312,186 | 39% below HPI |
2009 9 OCT | £118,000 | £204,229 | 42% below HPI |
2005 15 JUL | £124,000 | £198,807 | 38% below HPI |
1999 17 DEC | £69,250 | £92,766 | 25% below HPI |
1996 28 JUN | £39,950 | £64,006 | 38% below HPI |
The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The six 2 ELIZABETH DRIVE sales between June 1996 and October 2020 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 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2020 sale, which was also at 39% below the HPI.
2 ELIZABETH DRIVE is 70m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Necton, based on EPC data. The below chart shows the distribution of detached houses by size in Necton, and where 2 ELIZABETH DRIVE lies on this distribution: 18% of detached houses are smaller than 2 ELIZABETH DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Necton.
2 ELIZABETH DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 2 ELIZABETH 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 ELIZABETH 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.
2 ELIZABETH DRIVE is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 2 on ELIZABETH DRIVE.