5, FERN DRIVE, NORTH WALSHAM, NR28 9XQ - £182,500

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 FERN DRIVE is a very small semi-detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £219,966. It was last sold for £182,500 in November 2019, which was around 23% below the average November 2019 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

5 FERN DRIVE Sold Prices

Land registry data shows four sales for 5 FERN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 5 FERN 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 20 NOV	£182,500	£236,098	23% below HPI
2015 9 JUN	£148,000	£179,066	17% below HPI
2006 20 APR	£135,000	£150,308	10% below HPI
2004 13 FEB	£127,950	£129,199	1% below HPI

5 FERN DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 5 FERN DRIVE sales between February 2004 and November 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 June 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 5 FERN DRIVE be worth now?

5 FERN DRIVE might now be worth an estimated £219,966.

This is based on house price inflation of 20.5%, between November 2019 and February 2025, for semi-detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.5% inflationary increase is applied to the most recent sale price for 5 FERN DRIVE of £182,500 on 20th November 2019. For the value to have increased from £182,500 to £219,966 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 FERN DRIVE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The November 2019 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FERN DRIVE has not materially changed since November 2019.

How Large is 5 FERN DRIVE?

5 FERN DRIVE is 69m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of semi-detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Walsham, and where 5 FERN DRIVE lies on this distribution: 10% of semi-detached houses houses are smaller than 5 FERN DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

5 FERN DRIVE: Plot and Title Map

5 FERN DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 5 FERN 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 FERN 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 FERN DRIVE?

5 FERN DRIVE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 5 on FERN DRIVE.