55, NORMAN DRIVE, NORWICH, NR6 7HW - £304,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

55 NORMAN DRIVE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £304,000 in July 2024, which was around 29% below the average July 2024 detached price in the Broadland local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

55 NORMAN DRIVE Sold Prices

Land registry data shows five sales for 55 NORMAN DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 55 NORMAN 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
2024 4 JUL	£304,000	£427,090	29% below HPI
2016 14 DEC	£232,000	£315,073	26% below HPI
2014 21 JUL	£200,000	£260,170	23% below HPI
2002 19 APR	£110,000	£149,012	26% below HPI
1997 19 NOV	£49,950	£81,295	39% below HPI

55 NORMAN 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 five 55 NORMAN DRIVE sales between November 1997 and July 2024 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 December 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 55 NORMAN DRIVE?

55 NORMAN DRIVE is 114m², which includes two extensions, according to the EPC inspection conducted in September 2023. 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 55 NORMAN DRIVE lies on this distribution: 56% of detached houses are smaller than 55 NORMAN DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Norwich.

55 NORMAN DRIVE: Plot and Title Map

55 NORMAN DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 55 NORMAN 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 55 NORMAN 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 55 NORMAN DRIVE?

55 NORMAN DRIVE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 55 on NORMAN DRIVE.