3, BORROWDALE DRIVE, NORWICH, NR1 4LX - £230,000

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

3 BORROWDALE DRIVE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £230,000 in April 2017, which was around 37% below the average April 2017 detached price in the Norwich local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

3 BORROWDALE DRIVE Sold Prices

Land registry data shows two sales for 3 BORROWDALE 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 Norwich local authority area for the corresponding sale date. Both of the two 3 BORROWDALE 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
2017 13 APR	£230,000	£363,909	37% below HPI
2015 27 MAR	£160,000	£304,951	48% below HPI

3 BORROWDALE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 3 BORROWDALE DRIVE sales from March 2015 and April 2017 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 March 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the April 2017 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 BORROWDALE DRIVE?

3 BORROWDALE DRIVE is 66m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 3 BORROWDALE DRIVE lies on this distribution: 6% of detached houses are smaller than 3 BORROWDALE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 BORROWDALE DRIVE: Plot and Title Map

3 BORROWDALE DRIVE sits on a plot of roughly 0.077 of an acre, or 314m². The below map shows the location of 3 BORROWDALE 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 3 BORROWDALE 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 3 BORROWDALE DRIVE?

3 BORROWDALE DRIVE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 3 on BORROWDALE DRIVE.