2, LAVENDER DRIVE, SHERINGHAM, NR26 8XJ - £420,000

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 LAVENDER DRIVE is a large extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £420,000 in July 2023, which was around 5% below the average July 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 LAVENDER DRIVE Sold Prices

Land registry data shows three sales for 2 LAVENDER 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. Two of the three 2 LAVENDER DRIVE sales were for below the average price, whilst one 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
2023 27 JUL	£420,000	£442,761	5% below HPI
2011 18 DEC	£227,500	£239,019	5% below HPI
1997 27 NOV	£95,000	£79,424	20% above HPI

2 LAVENDER 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 LAVENDER DRIVE sales between November 1997 and July 2023 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 December 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2023 sale, which was also at 5% below the HPI.

How Large is 2 LAVENDER DRIVE?

2 LAVENDER DRIVE is 129m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 2 LAVENDER DRIVE lies on this distribution: 61% of detached houses are smaller than 2 LAVENDER DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

2 LAVENDER DRIVE: Plot and Title Map

2 LAVENDER DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 LAVENDER 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 LAVENDER 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 LAVENDER DRIVE?

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