4, CAUSEWAY DRIVE, HORSTEAD, NORWICH, NR12 7ES - £440,000

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.

4 CAUSEWAY DRIVE is a very large detached house of 173m², built sometime between 1996 and 2002, which could now be worth an estimated £599,725. It was last sold for £440,000 in June 2016, which was around 42% above the average June 2016 detached price in the Broadland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

4 CAUSEWAY DRIVE Sold Prices

Land registry data shows three sales for 4 CAUSEWAY 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 4 CAUSEWAY DRIVE sales were for above 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
2016 28 JUN	£440,000	£310,743	42% above HPI
2013 31 OCT	£365,000	£253,516	44% above HPI
1999 26 FEB	£140,000	£86,892	61% above HPI

4 CAUSEWAY 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 4 CAUSEWAY DRIVE sales between February 1999 and June 2016 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 2013 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2016 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 4 CAUSEWAY DRIVE be worth now?

4 CAUSEWAY DRIVE might now be worth an estimated £599,725.

This is based on house price inflation of 36.3%, between June 2016 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 36.3% inflationary increase is applied to the most recent sale price for 4 CAUSEWAY DRIVE of £440,000 on 28th June 2016. For the value to have increased from £440,000 to £599,725 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 4 CAUSEWAY DRIVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The June 2016 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CAUSEWAY DRIVE has not materially changed since June 2016.

How Large is 4 CAUSEWAY DRIVE?

4 CAUSEWAY DRIVE is 173m² according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses houses in Horstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horstead, and where 4 CAUSEWAY DRIVE lies on this distribution: 82% of detached houses houses are smaller than 4 CAUSEWAY DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Horstead.

4 CAUSEWAY DRIVE: Plot and Title Map

4 CAUSEWAY DRIVE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 4 CAUSEWAY 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 4 CAUSEWAY 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 4 CAUSEWAY DRIVE?

4 CAUSEWAY DRIVE is located in HORSTEAD, in the NR12 postcode district. The below map shows the position of No. 4 on CAUSEWAY DRIVE.