7, WOODLAND DRIVE, NORWICH, NR6 7AY - £350,000

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

7 WOODLAND DRIVE is a small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £350,000 in April 2022, which was around 14% below the average April 2022 detached price in the Broadland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

7 WOODLAND DRIVE Sold Prices

Land registry data shows three sales for 7 WOODLAND 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 Broadland local authority area for the corresponding sale date. All of the three 7 WOODLAND 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
2022 25 APR	£350,000	£404,851	14% below HPI
1999 30 JUL	£88,000	£91,667	4% below HPI
1997 26 NOV	£74,000	£81,295	9% below HPI

7 WOODLAND 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 three 7 WOODLAND DRIVE sales between November 1997 and April 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 July 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 WOODLAND DRIVE?

7 WOODLAND DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 7 WOODLAND DRIVE lies on this distribution: 27% of detached houses are smaller than 7 WOODLAND DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 WOODLAND DRIVE: Plot and Title Map

7 WOODLAND DRIVE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 7 WOODLAND 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 WOODLAND 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 WOODLAND DRIVE?

7 WOODLAND DRIVE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 7 on WOODLAND DRIVE.