2, PARK DRIVE, HETHERSETT, NORWICH, NR9 3EL - £280,000

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 PARK DRIVE is a large extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £280,000 in July 2008, which was around 14% above the average July 2008 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

2 PARK DRIVE Sold Prices

Land registry data shows two sales for 2 PARK 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 PARK 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
2008 31 JUL	£280,000	£244,924	14% above HPI
2002 11 APR	£147,000	£145,916	1% above HPI

2 PARK 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 PARK DRIVE sales from April 2002 and July 2008 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 April 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2008 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 2 PARK DRIVE?

2 PARK DRIVE is 133m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 2 PARK DRIVE lies on this distribution: 74% of detached houses are smaller than 2 PARK DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

2 PARK DRIVE: Plot and Title Map

2 PARK DRIVE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 2 PARK 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 PARK 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 PARK DRIVE?

2 PARK DRIVE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 2 on PARK DRIVE.