7, NORWAY DRIVE, YORK, YO10 4NY - £215,000

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.

7 NORWAY DRIVE is a very small detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £357,158. It was last sold for £215,000 in September 2011, which was around 28% below the average September 2011 detached price in the York local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

7 NORWAY DRIVE Sold Prices

Land registry data shows three sales for 7 NORWAY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the York local authority area for the corresponding sale date. All of the three 7 NORWAY 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
2011 1 SEP	£215,000	£297,989	28% below HPI
2002 20 DEC	£175,000	£211,165	17% below HPI
1997 14 FEB	£86,500	£92,922	7% below HPI

7 NORWAY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the York local authority area over time, sourced from the HPI. The three 7 NORWAY DRIVE sales between February 1997 and September 2011 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 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 7 NORWAY DRIVE be worth now?

7 NORWAY DRIVE might now be worth an estimated £357,158.

This is based on house price inflation of 66.1%, between September 2011 and March 2025, for detached houses, in the York local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.1% inflationary increase is applied to the most recent sale price for 7 NORWAY DRIVE of £215,000 on 1st September 2011. For the value to have increased from £215,000 to £357,158 over the fourteen years and six months to March 2025, the following assumptions must hold true:

• The value of 7 NORWAY DRIVE has moved in line with the HPI for detached houses in the York local authority area.
• The September 2011 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NORWAY DRIVE has not materially changed since September 2011.

How Large is 7 NORWAY DRIVE?

7 NORWAY DRIVE is 70m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses houses in York, based on EPC data. The below chart shows the distribution of detached houses houses by size in York, and where 7 NORWAY DRIVE lies on this distribution: 10% of detached houses houses are smaller than 7 NORWAY DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in York.

7 NORWAY DRIVE: Plot and Title Map

7 NORWAY DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 7 NORWAY 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 7 NORWAY 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 7 NORWAY DRIVE?

7 NORWAY DRIVE is located in YORK, in the YO10 postcode district. The below map shows the position of No. 7 on NORWAY DRIVE.