8, FERN DRIVE, NORTH WALSHAM, NR28 9XQ - £154,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 FERN DRIVE is a very small extended detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £237,682. It was last sold for £154,950 in June 2015, which was around 44% below the average June 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

8 FERN DRIVE Sold Prices

Land registry data shows three sales for 8 FERN 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 8 FERN 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
2015 5 JUN	£154,950	£274,383	44% below HPI
2006 11 JAN	£124,000	£219,630	44% below HPI
2003 28 NOV	£109,000	£188,217	42% below HPI

8 FERN 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 8 FERN DRIVE sales between November 2003 and June 2015 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 2006 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2015 sale, which was also at 44% below the HPI.

What might 8 FERN DRIVE be worth now?

8 FERN DRIVE might now be worth an estimated £237,682.

This is based on house price inflation of 53.4%, between June 2015 and December 2024, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.4% inflationary increase is applied to the most recent sale price for 8 FERN DRIVE of £154,950 on 5th June 2015. For the value to have increased from £154,950 to £237,682 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 8 FERN DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2015 sale price of £154,950 represented a fair market value for the property.
• The size, condition, and specification of 8 FERN DRIVE has not materially changed since June 2015.

How Large is 8 FERN DRIVE?

8 FERN DRIVE is 57m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 8 FERN DRIVE lies on this distribution: 3% of detached houses houses are smaller than 8 FERN DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

8 FERN DRIVE: Plot and Title Map

8 FERN DRIVE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 8 FERN 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 8 FERN 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 8 FERN DRIVE?

8 FERN DRIVE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 8 on FERN DRIVE.