3, CEDAR DRIVE, LODDON, NORWICH, NR14 6LE - £298,000

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.

3 CEDAR DRIVE is a large extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £519,290. It was last sold for £298,000 in October 2013, which was around 18% above the average October 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

3 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 3 CEDAR DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Two of the three 3 CEDAR DRIVE sales were for above the average price, whilst one was 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 7 OCT	£298,000	£252,553	18% above HPI
2011 2 FEB	£274,200	£237,533	15% above HPI
2006 15 SEP	£175,000	£248,363	30% below HPI

3 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 three 3 CEDAR DRIVE sales between September 2006 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 February 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2013 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 3 CEDAR DRIVE be worth now?

3 CEDAR DRIVE might now be worth an estimated £519,290.

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 3 CEDAR DRIVE of £298,000 on 7th October 2013. For the value to have increased from £298,000 to £519,290 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 CEDAR DRIVE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2013 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CEDAR DRIVE has not materially changed since October 2013.

How Large is 3 CEDAR DRIVE?

3 CEDAR DRIVE is 131m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 40% 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 3 CEDAR DRIVE lies on this distribution: 60% of detached houses houses are smaller than 3 CEDAR DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Loddon.

3 CEDAR DRIVE: Plot and Title Map

3 CEDAR DRIVE sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 3 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 3 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 3 CEDAR DRIVE?

3 CEDAR DRIVE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 3 on CEDAR DRIVE.