31, CATHEDRAL DRIVE, NORTH ELMHAM, DEREHAM, NR20 5JH - £230,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

31 CATHEDRAL DRIVE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £230,000 in October 2023, which was around 36% below the average October 2023 detached price in the Breckland local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

31 CATHEDRAL DRIVE Sold Prices

Land registry data shows two sales for 31 CATHEDRAL 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 Breckland local authority area for the corresponding sale date. Both of the two 31 CATHEDRAL 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
2023 20 OCT	£230,000	£358,778	36% below HPI
2010 3 SEP	£162,000	£214,634	25% below HPI

31 CATHEDRAL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 31 CATHEDRAL DRIVE sales from September 2010 and October 2023 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 September 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 31 CATHEDRAL DRIVE?

31 CATHEDRAL DRIVE is 77m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in North Elmham, based on EPC data. The below chart shows the distribution of detached houses by size in North Elmham, and where 31 CATHEDRAL DRIVE lies on this distribution: 13% of detached houses are smaller than 31 CATHEDRAL DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in North Elmham.

31 CATHEDRAL DRIVE: Plot and Title Map

31 CATHEDRAL DRIVE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 31 CATHEDRAL 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 31 CATHEDRAL 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 31 CATHEDRAL DRIVE?

31 CATHEDRAL DRIVE is located in NORTH ELMHAM, in the NR20 postcode district. The below map shows the position of No. 31 on CATHEDRAL DRIVE.