3, PLANTATION DRIVE, NORWICH, NR7 8LT - £235,000

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 PLANTATION DRIVE is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £286,412. It was last sold for £235,000 in February 2020, which was around 32% below the average February 2020 detached price in the Broadland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

3 PLANTATION DRIVE Sold Prices

Land registry data shows three sales for 3 PLANTATION 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 Broadland local authority area for the corresponding sale date. All of the three 3 PLANTATION 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
2020 21 FEB	£235,000	£347,518	32% below HPI
2019 26 OCT	£220,000	£343,106	36% below HPI
2016 26 AUG	£215,000	£317,231	32% below HPI

3 PLANTATION 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 three 3 PLANTATION DRIVE sales between August 2016 and February 2020 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 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 PLANTATION DRIVE be worth now?

3 PLANTATION DRIVE might now be worth an estimated £286,412.

This is based on house price inflation of 21.9%, between February 2020 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 3 PLANTATION DRIVE of £235,000 on 21st February 2020. For the value to have increased from £235,000 to £286,412 over the five years to February 2025, the following assumptions must hold true:

• The value of 3 PLANTATION DRIVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PLANTATION DRIVE has not materially changed since February 2020.

How Large is 3 PLANTATION DRIVE?

3 PLANTATION DRIVE is 65m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 3 PLANTATION DRIVE lies on this distribution: 5% of detached houses houses are smaller than 3 PLANTATION DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 PLANTATION DRIVE: Plot and Title Map

3 PLANTATION DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 3 PLANTATION 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 PLANTATION 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 PLANTATION DRIVE?

3 PLANTATION DRIVE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 3 on PLANTATION DRIVE.