8, SHELLEY DRIVE, TAVERHAM, NORWICH, NR8 6PH - £154,000

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 SHELLEY DRIVE is a very small extended detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £336,934. It was last sold for £154,000 in August 2003, which was around 22% below the average August 2003 detached price in the Broadland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

8 SHELLEY DRIVE Sold Prices

Land registry data shows three sales for 8 SHELLEY 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 8 SHELLEY 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
2003 22 AUG	£154,000	£196,218	22% below HPI
1995 28 SEP	£58,500	£76,172	23% below HPI
1995 14 JUL	£65,000	£74,403	13% below HPI

8 SHELLEY 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 8 SHELLEY DRIVE sales between July 1995 and August 2003 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 September 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2003 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 SHELLEY DRIVE be worth now?

8 SHELLEY DRIVE might now be worth an estimated £336,934.

This is based on house price inflation of 118.8%, between August 2003 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 118.8% inflationary increase is applied to the most recent sale price for 8 SHELLEY DRIVE of £154,000 on 22nd August 2003. For the value to have increased from £154,000 to £336,934 over the twenty years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 SHELLEY DRIVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2003 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHELLEY DRIVE has not materially changed since August 2003.

How Large is 8 SHELLEY DRIVE?

8 SHELLEY DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 8 SHELLEY DRIVE lies on this distribution: 18% of detached houses houses are smaller than 8 SHELLEY DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Taverham.

8 SHELLEY DRIVE: Plot and Title Map

8 SHELLEY DRIVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 8 SHELLEY 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 SHELLEY 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 SHELLEY DRIVE?

8 SHELLEY DRIVE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 8 on SHELLEY DRIVE.