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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 PENNYCRESS DRIVE is a very small extended detached house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £217,823. It was last sold for £125,000 in October 2013, which was around 51% 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	£252,553	51% below HPI
2009 28 MAY	£127,000	£215,537	41% below HPI
2004 4 OCT	£108,500	£232,595	53% below HPI
2002 27 SEP	£79,995	£174,728	54% 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2013 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 24 PENNYCRESS DRIVE be worth now?

24 PENNYCRESS DRIVE might now be worth an estimated £217,823.

This is based on house price inflation of 74.3%, between October 2013 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.3% inflationary increase is applied to the most recent sale price for 24 PENNYCRESS DRIVE of £125,000 on 18th October 2013. For the value to have increased from £125,000 to £217,823 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 PENNYCRESS DRIVE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2013 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PENNYCRESS DRIVE has not materially changed since October 2013.

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 houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 24 PENNYCRESS DRIVE lies on this distribution: 7% of detached houses 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 0.041 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.