5, COLNEY DRIVE, NORWICH, NR4 7RH - £570,000

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.

5 COLNEY DRIVE is a very small detached house of 42m², built sometime between 1967 and 1975, which could now be worth an estimated £1,025,355. It was last sold for £570,000 in June 2013, which was around 133% above the average June 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was F, and the potential energy rating was C.

5 COLNEY DRIVE Sold Prices

Land registry data shows two sales for 5 COLNEY 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 5 COLNEY 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
2013 19 JUN	£570,000	£244,651	133% above HPI
2001 11 APR	£415,000	£129,310	221% above HPI

5 COLNEY 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 5 COLNEY DRIVE sales from April 2001 and June 2013 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 April 2001 sale was for 221% above the HPI. So the extrapolation line tracks at 221% above the HPI over time, until the June 2013 sale, where it falls to 133% above the HPI. The line then continues to track at 133% above the HPI.

What might 5 COLNEY DRIVE be worth now?

5 COLNEY DRIVE might now be worth an estimated £1,025,355.

This is based on house price inflation of 79.9%, between June 2013 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 79.9% inflationary increase is applied to the most recent sale price for 5 COLNEY DRIVE of £570,000 on 19th June 2013. For the value to have increased from £570,000 to £1,025,355 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of 5 COLNEY DRIVE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2013 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COLNEY DRIVE has not materially changed since June 2013.

How Large is 5 COLNEY DRIVE?

5 COLNEY DRIVE is 42m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cringleford, and where 5 COLNEY DRIVE lies on this distribution: Less than 1% of detached houses houses are smaller than 5 COLNEY DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

5 COLNEY DRIVE: Plot and Title Map

5 COLNEY DRIVE sits on a plot of roughly 0.538 of an acre, or 2,177m². The below map shows the location of 5 COLNEY 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 5 COLNEY 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 5 COLNEY DRIVE?

5 COLNEY DRIVE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 5 on COLNEY DRIVE.