40, WOODLAND DRIVE, NORWICH, NR6 7AY - £251,000

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

40 WOODLAND DRIVE is a midsized extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £251,000 in August 2016, which was around 20% below the average August 2016 detached price in the Broadland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

40 WOODLAND DRIVE Sold Prices

Land registry data shows three sales for 40 WOODLAND 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 40 WOODLAND 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
2016 11 AUG	£251,000	£314,083	20% below HPI
2006 18 SEP	£160,000	£239,325	33% below HPI
1999 30 JUN	£74,000	£90,114	18% below HPI

40 WOODLAND 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 40 WOODLAND DRIVE sales between June 1999 and August 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 September 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 40 WOODLAND DRIVE?

40 WOODLAND DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 40 WOODLAND DRIVE lies on this distribution: 56% of detached houses are smaller than 40 WOODLAND DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Norwich.

40 WOODLAND DRIVE: Plot and Title Map

40 WOODLAND DRIVE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 40 WOODLAND 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 40 WOODLAND 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 40 WOODLAND DRIVE?

40 WOODLAND DRIVE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 40 on WOODLAND DRIVE.