2, MEADOWS DRIVE, MULBARTON, NORWICH, NR14 8GX - £535,000

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 MEADOWS DRIVE is a large detached house of 157m², built sometime between 2007 and 2011. It was last sold for £535,000 in April 2022, which was around 33% above the average April 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

2 MEADOWS DRIVE Sold Prices

Land registry data shows three sales for 2 MEADOWS 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. All of the three 2 MEADOWS DRIVE sales were 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
2022 12 APR	£535,000	£401,860	33% above HPI
2016 25 OCT	£450,000	£310,529	45% above HPI
2011 23 JUN	£381,000	£227,020	68% above HPI

2 MEADOWS 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 MEADOWS DRIVE sales between June 2011 and April 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 October 2016 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2022 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 2 MEADOWS DRIVE?

2 MEADOWS DRIVE is 157m² according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 2 MEADOWS DRIVE lies on this distribution: 77% of detached houses are smaller than 2 MEADOWS DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

2 MEADOWS DRIVE: Plot and Title Map

2 MEADOWS DRIVE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 2 MEADOWS 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 MEADOWS 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 MEADOWS DRIVE?

2 MEADOWS DRIVE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 2 on MEADOWS DRIVE.