4, WALNUT TREE DRIVE, FRAMINGHAM EARL, NORWICH, NR14 7UP - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 WALNUT TREE DRIVE is a very large detached house of 199m². It was last sold for £220,000 in July 2021, which was around 40% below the average July 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was B.

4 WALNUT TREE DRIVE Sold Prices

Land registry data shows two sales for 4 WALNUT TREE 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. One of the two 4 WALNUT TREE DRIVE sales was for below the average price, whilst the other was 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
2021 30 JUL	£220,000	£366,806	40% below HPI
2017 24 FEB	£395,995	£317,509	25% above HPI

4 WALNUT TREE 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 WALNUT TREE DRIVE sales from February 2017 and July 2021 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 February 2017 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 4 WALNUT TREE DRIVE?

4 WALNUT TREE DRIVE is 199m² according to the EPC inspection conducted in February 2017. This puts it in the largest 10% of detached houses in Framingham Earl, based on EPC data. The below chart shows the distribution of detached houses by size in Framingham Earl, and where 4 WALNUT TREE DRIVE lies on this distribution: 90% of detached houses are smaller than 4 WALNUT TREE DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Framingham Earl.

4 WALNUT TREE DRIVE: Plot and Title Map

4 WALNUT TREE DRIVE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 4 WALNUT TREE 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 WALNUT TREE 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 WALNUT TREE DRIVE?

4 WALNUT TREE DRIVE is located in FRAMINGHAM EARL, in the NR14 postcode district. The below map shows the position of No. 4 on WALNUT TREE DRIVE.