7, SUMMER DRIVE, HOVETON, NORWICH, NR12 8DY - £650,000

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

7 SUMMER DRIVE is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £650,000 in June 2022, which was around 54% above the average June 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

7 SUMMER DRIVE Sold Prices

Land registry data shows three sales for 7 SUMMER 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 North Norfolk local authority area for the corresponding sale date. All of the three 7 SUMMER 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
2022 24 JUN	£650,000	£420,783	54% above HPI
2018 30 JAN	£405,000	£332,740	22% above HPI
2008 7 NOV	£285,000	£247,597	15% above HPI

7 SUMMER 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 three 7 SUMMER DRIVE sales between November 2008 and June 2022 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 January 2018 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2022 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 7 SUMMER DRIVE?

7 SUMMER DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where 7 SUMMER DRIVE lies on this distribution: 52% of detached houses are smaller than 7 SUMMER DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

7 SUMMER DRIVE: Plot and Title Map

7 SUMMER DRIVE sits on a plot of roughly 0.304 of an acre, or 1,232m². The below map shows the location of 7 SUMMER 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 SUMMER 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 SUMMER DRIVE?

7 SUMMER DRIVE is located in HOVETON, in the NR12 postcode district. The below map shows the position of No. 7 on SUMMER DRIVE.