4, OAKFIELD DRIVE, SOUTH WALSHAM, NORWICH, NR13 6EH - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 OAKFIELD DRIVE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £250,000 in July 2019, which was around 27% below the average July 2019 detached price in the Broadland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was F, and the potential energy rating was C.

4 OAKFIELD DRIVE Sold Prices

Land registry data shows two sales for 4 OAKFIELD 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 Broadland local authority area for the corresponding sale date. Both of the two 4 OAKFIELD 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
2019 31 JUL	£250,000	£342,562	27% below HPI
2015 6 NOV	£249,950	£294,945	15% below HPI

4 OAKFIELD 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 two 4 OAKFIELD DRIVE sales from November 2015 and July 2019 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 November 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 OAKFIELD DRIVE?

4 OAKFIELD DRIVE is 81m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Pilson Green, based on EPC data. The below chart shows the distribution of detached houses by size in Pilson Green, and where 4 OAKFIELD DRIVE lies on this distribution: 13% of detached houses are smaller than 4 OAKFIELD DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Pilson Green.

4 OAKFIELD DRIVE: Plot and Title Map

4 OAKFIELD DRIVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 4 OAKFIELD 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 OAKFIELD 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 OAKFIELD DRIVE?

4 OAKFIELD DRIVE is located in SOUTH WALSHAM, in the NR13 postcode district. The below map shows the position of No. 4 on OAKFIELD DRIVE.