27, CEDAR DRIVE, LODDON, NORWICH, NR14 6LE - £337,500

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.

27 CEDAR DRIVE is a midsized extended detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £418,517. It was last sold for £337,500 in February 2019, which was around 5% below the average February 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

27 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 27 CEDAR 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 South Norfolk local authority area for the corresponding sale date. One of the two 27 CEDAR DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2019 28 FEB	£337,500	£354,901	5% below HPI
2003 28 OCT	£205,000	£205,615	Close to HPI

27 CEDAR 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 two 27 CEDAR DRIVE sales from October 2003 and February 2019 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 October 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 27 CEDAR DRIVE be worth now?

27 CEDAR DRIVE might now be worth an estimated £418,517.

This is based on house price inflation of 24%, between February 2019 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 24% inflationary increase is applied to the most recent sale price for 27 CEDAR DRIVE of £337,500 on 28th February 2019. For the value to have increased from £337,500 to £418,517 over the six years to February 2025, the following assumptions must hold true:

• The value of 27 CEDAR DRIVE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The February 2019 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 27 CEDAR DRIVE has not materially changed since February 2019.

How Large is 27 CEDAR DRIVE?

27 CEDAR DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loddon, and where 27 CEDAR DRIVE lies on this distribution: 56% of detached houses houses are smaller than 27 CEDAR DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Loddon.

27 CEDAR DRIVE: Plot and Title Map

27 CEDAR DRIVE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 27 CEDAR 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 27 CEDAR 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 27 CEDAR DRIVE?

27 CEDAR DRIVE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 27 on CEDAR DRIVE.