7, ORMESBY DRIVE, SWAFFHAM, PE37 7SL - £267,500

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.

7 ORMESBY DRIVE is a very large extended detached house of 146m², built sometime between 1976 and 1982, which could now be worth an estimated £343,479. It was last sold for £267,500 in July 2017, which was around 7% below the average July 2017 detached price in the Breckland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

7 ORMESBY DRIVE Sold Prices

Land registry data shows two sales for 7 ORMESBY 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 Breckland local authority area for the corresponding sale date. Both of the two 7 ORMESBY 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
2017 31 JUL	£267,500	£288,489	7% below HPI
2009 31 JUL	£174,900	£196,599	11% below HPI

7 ORMESBY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 7 ORMESBY DRIVE sales from July 2009 and July 2017 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 July 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 ORMESBY DRIVE be worth now?

7 ORMESBY DRIVE might now be worth an estimated £343,479.

This is based on house price inflation of 28.4%, between July 2017 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.4% inflationary increase is applied to the most recent sale price for 7 ORMESBY DRIVE of £267,500 on 31st July 2017. For the value to have increased from £267,500 to £343,479 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 7 ORMESBY DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2017 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 7 ORMESBY DRIVE has not materially changed since July 2017.

How Large is 7 ORMESBY DRIVE?

7 ORMESBY DRIVE is 146m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 20% of detached houses houses in Swaffham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swaffham, and where 7 ORMESBY DRIVE lies on this distribution: 87% of detached houses houses are smaller than 7 ORMESBY DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

7 ORMESBY DRIVE: Plot and Title Map

7 ORMESBY DRIVE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 7 ORMESBY 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 ORMESBY 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 ORMESBY DRIVE?

7 ORMESBY DRIVE is located in SWAFFHAM, in the PE37 postcode district. The below map shows the position of No. 7 on ORMESBY DRIVE.