2, SOFTLEY DRIVE, NORWICH, NR4 7SE - £505,000

2 SOFTLEY DRIVE is a very small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £505,000 in January 2023, which was around 19% above the average January 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

2 SOFTLEY DRIVE Sold Prices

Land registry data shows three sales for 2 SOFTLEY 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. Two of the three 2 SOFTLEY DRIVE sales were for above the average price, whilst one was 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
2023 27 JAN	£505,000	£424,633	19% above HPI
2004 29 APR	£250,000	£191,731	30% above HPI
2003 7 NOV	£180,000	£198,009	9% below HPI

2 SOFTLEY 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 SOFTLEY DRIVE sales between November 2003 and January 2023 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 2004 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the January 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 SOFTLEY DRIVE?

2 SOFTLEY DRIVE is 98m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 2 SOFTLEY DRIVE lies on this distribution: 15% of detached houses are smaller than 2 SOFTLEY DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

2 SOFTLEY DRIVE: Plot and Title Map

2 SOFTLEY DRIVE sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of 2 SOFTLEY 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 SOFTLEY 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 SOFTLEY DRIVE?

2 SOFTLEY DRIVE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 2 on SOFTLEY DRIVE.