24, PENNYCRESS DRIVE, WYMONDHAM, NR18 0YD - £125,000

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

24 PENNYCRESS DRIVE is a very small extended detached house of 70m², built sometime between 2003 and 2006. It was last sold for £125,000 in October 2013, which was around 49% below the average October 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

24 PENNYCRESS DRIVE Sold Prices

Land registry data shows four sales for 24 PENNYCRESS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 24 PENNYCRESS 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
2013 18 OCT	£125,000	£244,879	49% below HPI
2009 28 MAY	£127,000	£208,988	39% below HPI
2004 4 OCT	£108,500	£225,527	52% below HPI
2002 27 SEP	£79,995	£169,419	53% below HPI

24 PENNYCRESS 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 four 24 PENNYCRESS DRIVE sales between September 2002 and October 2013 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 May 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2013 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 24 PENNYCRESS DRIVE?

24 PENNYCRESS DRIVE is 70m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 24 PENNYCRESS DRIVE lies on this distribution: 7% of detached houses are smaller than 24 PENNYCRESS DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

24 PENNYCRESS DRIVE: Plot and Title Map

24 PENNYCRESS DRIVE sits on a plot of roughly 0.040 of an acre, or 164m². The below map shows the location of 24 PENNYCRESS 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 24 PENNYCRESS 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 24 PENNYCRESS DRIVE?

24 PENNYCRESS DRIVE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 24 on PENNYCRESS DRIVE.