2, MCKEE DRIVE, TACOLNESTON, NORWICH, NR16 1BW - £307,500

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 MCKEE DRIVE is a midsized detached house of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £378,436. It was last sold for £307,500 in May 2020, which was around 14% below the average May 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 MCKEE DRIVE Sold Prices

Land registry data shows three sales for 2 MCKEE 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 South Norfolk local authority area for the corresponding sale date. The three 2 MCKEE DRIVE sales were a mix of below the average price, and roughly equal to 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 7 MAY	£307,500	£357,601	14% below HPI
2008 14 NOV	£226,000	£231,588	2% below HPI
2006 23 OCT	£249,950	£250,527	Close to HPI

2 MCKEE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 2 MCKEE DRIVE sales between October 2006 and May 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 November 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 MCKEE DRIVE be worth now?

2 MCKEE DRIVE might now be worth an estimated £378,436.

This is based on house price inflation of 23.1%, between May 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.1% inflationary increase is applied to the most recent sale price for 2 MCKEE DRIVE of £307,500 on 7th May 2020. For the value to have increased from £307,500 to £378,436 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 2 MCKEE DRIVE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2020 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MCKEE DRIVE has not materially changed since May 2020.

How Large is 2 MCKEE DRIVE?

2 MCKEE DRIVE is 95m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% of detached houses houses in Tacolneston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tacolneston, and where 2 MCKEE DRIVE lies on this distribution: 43% of detached houses houses are smaller than 2 MCKEE DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Tacolneston.

2 MCKEE DRIVE: Plot and Title Map

2 MCKEE DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 MCKEE 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 MCKEE 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 MCKEE DRIVE?

2 MCKEE DRIVE is located in TACOLNESTON, in the NR16 postcode district. The below map shows the position of No. 2 on MCKEE DRIVE.