5, HEATHER DRIVE, HOLT, NR25 6AQ - £367,500

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 HEATHER DRIVE is a small detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £406,048. It was last sold for £367,500 in October 2020, which was around 6% below the average October 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

5 HEATHER DRIVE Sold Prices

Land registry data shows two sales for 5 HEATHER 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 North Norfolk local authority area for the corresponding sale date. Both of the two 5 HEATHER 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
2020 13 OCT	£367,500	£389,918	6% below HPI
1996 3 JUN	£31,975	£69,814	54% below HPI

5 HEATHER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 5 HEATHER DRIVE sales from June 1996 and October 2020 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 1996 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the October 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 HEATHER DRIVE be worth now?

5 HEATHER DRIVE might now be worth an estimated £406,048.

This is based on house price inflation of 10.5%, between October 2020 and February 2025, for 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 10.5% inflationary increase is applied to the most recent sale price for 5 HEATHER DRIVE of £367,500 on 13th October 2020. For the value to have increased from £367,500 to £406,048 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 HEATHER DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2020 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HEATHER DRIVE has not materially changed since October 2020.

How Large is 5 HEATHER DRIVE?

5 HEATHER DRIVE is 94m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of detached houses houses in Holt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holt, and where 5 HEATHER DRIVE lies on this distribution: 37% of detached houses houses are smaller than 5 HEATHER DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Holt.

5 HEATHER DRIVE: Plot and Title Map

5 HEATHER DRIVE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 5 HEATHER 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 HEATHER 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 HEATHER DRIVE?

5 HEATHER DRIVE is located in HOLT, in the NR25 postcode district. The below map shows the position of No. 5 on HEATHER DRIVE.