4, CHESTNUT DRIVE, LODDON, NORWICH, NR14 6GF - £675,000

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 CHESTNUT DRIVE is a very large detached house of 187m², built in 2018, which could now be worth an estimated £705,160. It was last sold for £675,000 in September 2023, which was around 60% above the average September 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was B.

4 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 4 CHESTNUT 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 South Norfolk local authority area for the corresponding sale date. Both of the two 4 CHESTNUT 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
2023 18 SEP	£675,000	£421,272	60% above HPI
2022 28 JAN	£570,000	£407,971	40% above HPI

4 CHESTNUT 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 two 4 CHESTNUT DRIVE sales from January 2022 and September 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 January 2022 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2023 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 4 CHESTNUT DRIVE be worth now?

4 CHESTNUT DRIVE might now be worth an estimated £705,160.

This is based on house price inflation of 4.5%, between September 2023 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% inflationary increase is applied to the most recent sale price for 4 CHESTNUT DRIVE of £675,000 on 18th September 2023. For the value to have increased from £675,000 to £705,160 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2023 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTNUT DRIVE has not materially changed since September 2023.

How Large is 4 CHESTNUT DRIVE?

4 CHESTNUT DRIVE is 187m² according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of detached houses houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loddon, and where 4 CHESTNUT DRIVE lies on this distribution: 88% of detached houses houses are smaller than 4 CHESTNUT DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Loddon.

4 CHESTNUT DRIVE: Plot and Title Map

4 CHESTNUT DRIVE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 4 CHESTNUT 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 CHESTNUT 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 CHESTNUT DRIVE?

4 CHESTNUT DRIVE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 4 on CHESTNUT DRIVE.