8, MEADOW WAY DRIVE, TRUNCH, NORTH WALSHAM, NR28 0QQ - £305,000

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 MEADOW WAY DRIVE is a small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £302,265. It was last sold for £305,000 in June 2023, which was around 30% below the average June 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

8 MEADOW WAY DRIVE Sold Prices

Land registry data shows two sales for 8 MEADOW WAY 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 North Norfolk local authority area for the corresponding sale date. Both of the two 8 MEADOW WAY 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
2023 5 JUN	£305,000	£434,715	30% below HPI
1995 30 MAY	£55,550	£66,650	17% below HPI

8 MEADOW WAY 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 two 8 MEADOW WAY DRIVE sales from May 1995 and June 2023 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 May 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 MEADOW WAY DRIVE be worth now?

8 MEADOW WAY DRIVE might now be worth an estimated £302,265.

This is based on house price deflation of 0.9%, between June 2023 and February 2025, 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 0.9% deflationary decrease is applied to the most recent sale price for 8 MEADOW WAY DRIVE of £305,000 on 5th June 2023. For the value to have decreased from £305,000 to £302,265 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 8 MEADOW WAY DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2023 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MEADOW WAY DRIVE has not materially changed since June 2023.

How Large is 8 MEADOW WAY DRIVE?

8 MEADOW WAY DRIVE is 76m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% of detached houses houses in Trunch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trunch, and where 8 MEADOW WAY DRIVE lies on this distribution: 30% of detached houses houses are smaller than 8 MEADOW WAY DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Trunch.

8 MEADOW WAY DRIVE: Plot and Title Map

8 MEADOW WAY DRIVE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 8 MEADOW WAY 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 MEADOW WAY 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 MEADOW WAY DRIVE?

8 MEADOW WAY DRIVE is located in TRUNCH, in the NR28 postcode district. The below map shows the position of No. 8 on MEADOW WAY DRIVE.