24, WESTWOOD DRIVE, NORWICH, NR6 5DE - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 WESTWOOD DRIVE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £240,000 in November 2016, which was around 25% below the average November 2016 detached price in the Broadland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

24 WESTWOOD DRIVE Sold Prices

Land registry data shows two sales for 24 WESTWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 24 WESTWOOD 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
2016 4 NOV	£240,000	£318,914	25% below HPI
2011 22 JUN	£173,000	£233,975	26% below HPI

24 WESTWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 24 WESTWOOD DRIVE sales from June 2011 and November 2016 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 June 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 24 WESTWOOD DRIVE?

24 WESTWOOD DRIVE is 74m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 24 WESTWOOD DRIVE lies on this distribution: 12% of detached houses are smaller than 24 WESTWOOD DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Norwich.

24 WESTWOOD DRIVE: Plot and Title Map

24 WESTWOOD DRIVE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 24 WESTWOOD 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 WESTWOOD 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 WESTWOOD DRIVE?

24 WESTWOOD DRIVE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 24 on WESTWOOD DRIVE.