8, OWL DRIVE, MULBARTON, NORWICH, NR14 8JE - £272,500

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

8 OWL DRIVE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £272,500 in June 2019, which was around 19% below the average June 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was B.

8 OWL DRIVE Sold Prices

Land registry data shows two sales for 8 OWL 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 South Norfolk local authority area for the corresponding sale date. Both of the two 8 OWL 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
2019 24 JUN	£272,500	£336,517	19% below HPI
2018 8 JUN	£219,500	£334,202	34% below HPI

8 OWL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 8 OWL DRIVE sales from June 2018 and June 2019 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 June 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 OWL DRIVE?

8 OWL DRIVE is 69m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 8 OWL DRIVE lies on this distribution: 2% of detached houses are smaller than 8 OWL DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

8 OWL DRIVE: Plot and Title Map

8 OWL DRIVE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 8 OWL 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 OWL 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 OWL DRIVE?

8 OWL DRIVE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 8 on OWL DRIVE.