2, SUMMER DRIVE, HOVETON, NORWICH, NR12 8DY - £249,500

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 SUMMER DRIVE is a very large detached house of 212m². It was last sold for £249,500 in September 2014, which was around 6% below the average September 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

2 SUMMER DRIVE Sold Prices

Land registry data shows three sales for 2 SUMMER 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. One of the three 2 SUMMER DRIVE sales was for below the average price, whilst two 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
2014 17 SEP	£249,500	£266,419	6% below HPI
2006 20 SEP	£275,000	£234,191	17% above HPI
1996 22 MAR	£89,000	£65,146	37% above HPI

2 SUMMER 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 SUMMER DRIVE sales between March 1996 and September 2014 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 September 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 SUMMER DRIVE?

2 SUMMER DRIVE is 212m² according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where 2 SUMMER DRIVE lies on this distribution: 97% of detached houses are smaller than 2 SUMMER DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

2 SUMMER DRIVE: Plot and Title Map

2 SUMMER DRIVE sits on a plot of roughly 0.240 of an acre, or 971m². The below map shows the location of 2 SUMMER 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 SUMMER 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 SUMMER DRIVE?

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