2, TULIP TREE DRIVE, FRAMINGHAM EARL, NORWICH, NR14 7UL - £530,000

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 TULIP TREE DRIVE is a large extended detached house of 143m², built sometime between 2003 and 2006. It was last sold for £530,000 in September 2020, which was around 49% above the average September 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

2 TULIP TREE DRIVE Sold Prices

Land registry data shows six sales for 2 TULIP TREE DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the six 2 TULIP TREE 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
2020 21 SEP	£530,000	£356,891	49% above HPI
2006 6 JAN	£325,000	£226,152	44% above HPI
2004 17 DEC	£335,000	£220,572	52% above HPI
2003 9 MAY	£280,000	£183,133	53% above HPI
2001 14 DEC	£250,000	£141,708	76% above HPI
2000 14 DEC	£245,000	£122,783	100% above HPI

2 TULIP TREE 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 six 2 TULIP TREE DRIVE sales between December 2000 and September 2020 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 January 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2020 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 2 TULIP TREE DRIVE?

2 TULIP TREE DRIVE is 143m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 TULIP TREE DRIVE lies on this distribution: 75% of detached houses are smaller than 2 TULIP TREE DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Framingham Earl.

2 TULIP TREE DRIVE: Plot and Title Map

2 TULIP TREE DRIVE sits on a plot of roughly 0.245 of an acre, or 990m². The below map shows the location of 2 TULIP TREE 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 TULIP TREE 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 TULIP TREE DRIVE?

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