2, POPLAR DRIVE, WALCOTT, NORWICH, NR12 0LZ - £172,000

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 POPLAR DRIVE is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £172,000 in August 2019, which was around 50% below the average August 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

2 POPLAR DRIVE Sold Prices

Land registry data shows three sales for 2 POPLAR 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. All of the three 2 POPLAR 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
2019 3 AUG	£172,000	£347,008	50% below HPI
2010 15 MAR	£115,000	£235,833	51% below HPI
2004 9 JAN	£112,000	£194,693	42% below HPI

2 POPLAR 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 POPLAR DRIVE sales between January 2004 and August 2019 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 March 2010 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the August 2019 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 2 POPLAR DRIVE?

2 POPLAR DRIVE is 52m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where 2 POPLAR DRIVE lies on this distribution: 10% of detached houses are smaller than 2 POPLAR DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Walcott.

2 POPLAR DRIVE: Plot and Title Map

2 POPLAR DRIVE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 2 POPLAR 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 POPLAR 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 POPLAR DRIVE?

2 POPLAR DRIVE is located in WALCOTT, in the NR12 postcode district. The below map shows the position of No. 2 on POPLAR DRIVE.