4, LAYSON DRIVE, NORWICH, NR3 4JH - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 LAYSON DRIVE is a midsized detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £358,715. It was last sold for £295,000 in January 2018, which was around 22% below the average January 2018 detached price in the Norwich local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

4 LAYSON DRIVE Sold Prices

Land registry data shows two sales for 4 LAYSON 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 Norwich local authority area for the corresponding sale date. Both of the two 4 LAYSON 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
2018 5 JAN	£295,000	£380,005	22% below HPI
2015 19 OCT	£222,000	£338,277	34% below HPI

4 LAYSON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 4 LAYSON DRIVE sales from October 2015 and January 2018 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 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 LAYSON DRIVE be worth now?

4 LAYSON DRIVE might now be worth an estimated £358,715.

This is based on house price inflation of 21.6%, between January 2018 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 4 LAYSON DRIVE of £295,000 on 5th January 2018. For the value to have increased from £295,000 to £358,715 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 LAYSON DRIVE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The January 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAYSON DRIVE has not materially changed since January 2018.

How Large is 4 LAYSON DRIVE?

4 LAYSON DRIVE is 117m² according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 4 LAYSON DRIVE lies on this distribution: 59% of detached houses houses are smaller than 4 LAYSON DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Norwich.

4 LAYSON DRIVE: Plot and Title Map

4 LAYSON DRIVE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 4 LAYSON 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 LAYSON 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 LAYSON DRIVE?

4 LAYSON DRIVE is located in NORWICH, in the NR3 postcode district. The below map shows the position of No. 4 on LAYSON DRIVE.