3, ROLAND DRIVE, HEMPNALL, NORWICH, NR15 2RB - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 ROLAND DRIVE is a small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £210,000 in April 2015, which was around 22% below the average April 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

3 ROLAND DRIVE Sold Prices

Land registry data shows three sales for 3 ROLAND 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. All of the three 3 ROLAND 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
2015 24 APR	£210,000	£267,912	22% below HPI
2007 3 AUG	£217,000	£257,246	16% below HPI
1997 31 JAN	£58,500	£75,748	23% below HPI

3 ROLAND 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 ROLAND DRIVE sales between January 1997 and April 2015 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 August 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 ROLAND DRIVE?

3 ROLAND DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Hempnall, based on EPC data. The below chart shows the distribution of detached houses by size in Hempnall, and where 3 ROLAND DRIVE lies on this distribution: 40% of detached houses are smaller than 3 ROLAND DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Hempnall.

3 ROLAND DRIVE: Plot and Title Map

3 ROLAND DRIVE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 3 ROLAND 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 ROLAND 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 ROLAND DRIVE?

3 ROLAND DRIVE is located in HEMPNALL, in the NR15 postcode district. The below map shows the position of No. 3 on ROLAND DRIVE.