2, OAKCROFT DRIVE, FRAMINGHAM EARL, NORWICH, NR14 7JQ - £320,000

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 OAKCROFT DRIVE is a small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £320,000 in July 2018, which was around 5% below the average July 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

2 OAKCROFT DRIVE Sold Prices

Land registry data shows two sales for 2 OAKCROFT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 2 OAKCROFT 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
2018 30 JUL	£320,000	£335,873	5% below HPI
2015 12 AUG	£188,000	£278,207	32% below HPI

2 OAKCROFT 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 two 2 OAKCROFT DRIVE sales from August 2015 and July 2018 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 OAKCROFT DRIVE?

2 OAKCROFT DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Framingham Earl, based on EPC data. The below chart shows the distribution of detached houses by size in Framingham Earl, and where 2 OAKCROFT DRIVE lies on this distribution: 25% of detached houses are smaller than 2 OAKCROFT DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Framingham Earl.

2 OAKCROFT DRIVE: Plot and Title Map

2 OAKCROFT DRIVE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 2 OAKCROFT 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 OAKCROFT 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 OAKCROFT DRIVE?

2 OAKCROFT DRIVE is located in FRAMINGHAM EARL, in the NR14 postcode district. The below map shows the position of No. 2 on OAKCROFT DRIVE.