5, SOFTLEY DRIVE, NORWICH, NR4 7SE - £356,700

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

5 SOFTLEY DRIVE is a small extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £356,700 in October 2013, which was around 46% above the average October 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

5 SOFTLEY DRIVE Sold Prices

Land registry data shows two sales for 5 SOFTLEY 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 SOFTLEY 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 1 OCT	£356,700	£244,879	46% above HPI
2008 28 MAR	£275,000	£255,442	8% above HPI

5 SOFTLEY 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 SOFTLEY DRIVE sales from March 2008 and October 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 March 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2013 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 5 SOFTLEY DRIVE?

5 SOFTLEY DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 5 SOFTLEY DRIVE lies on this distribution: 29% of detached houses are smaller than 5 SOFTLEY DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

5 SOFTLEY DRIVE: Plot and Title Map

5 SOFTLEY DRIVE sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of 5 SOFTLEY 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 SOFTLEY 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 SOFTLEY DRIVE?

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