3, JUBILEE DRIVE, SHERINGHAM, NR26 8SD - £156,500

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.

3 JUBILEE DRIVE is a very small detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £274,192. It was last sold for £156,500 in June 2011, which was around 35% below the average June 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

3 JUBILEE DRIVE Sold Prices

Land registry data shows three sales for 3 JUBILEE 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 North Norfolk local authority area for the corresponding sale date. All of the three 3 JUBILEE 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
2011 24 JUN	£156,500	£240,793	35% below HPI
2001 12 DEC	£94,500	£134,586	30% below HPI
1998 28 OCT	£59,000	£84,472	30% below HPI

3 JUBILEE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 3 JUBILEE DRIVE sales between October 1998 and June 2011 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 December 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2011 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3 JUBILEE DRIVE be worth now?

3 JUBILEE DRIVE might now be worth an estimated £274,192.

This is based on house price inflation of 75.2%, between June 2011 and June 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.2% inflationary increase is applied to the most recent sale price for 3 JUBILEE DRIVE of £156,500 on 24th June 2011. For the value to have increased from £156,500 to £274,192 over the fourteen years to June 2025, the following assumptions must hold true:

• The value of 3 JUBILEE DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2011 sale price of £156,500 represented a fair market value for the property.
• The size, condition, and specification of 3 JUBILEE DRIVE has not materially changed since June 2011.

How Large is 3 JUBILEE DRIVE?

3 JUBILEE DRIVE is 66m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 3 JUBILEE DRIVE lies on this distribution: 3% of detached houses houses are smaller than 3 JUBILEE DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

3 JUBILEE DRIVE: Plot and Title Map

3 JUBILEE DRIVE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 3 JUBILEE 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 JUBILEE 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 JUBILEE DRIVE?

3 JUBILEE DRIVE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 3 on JUBILEE DRIVE.