81, THE DROVE, TAVERHAM, NORWICH, NR8 6FT - £330,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

81 THE DROVE is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £330,000 in August 2022, which was around 22% below the average August 2022 detached price in the Broadland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

81 THE DROVE Sold Prices

Land registry data shows five sales for 81 THE DROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 81 THE DROVE 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 10 AUG	£330,000	£423,514	22% below HPI
2018 5 OCT	£252,000	£339,399	26% below HPI
2007 20 APR	£175,000	£246,327	29% below HPI
2001 3 AUG	£97,000	£132,302	27% below HPI
1999 30 JUL	£78,250	£91,667	15% below HPI

81 THE DROVE 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 five 81 THE DROVE sales between July 1999 and August 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 October 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 81 THE DROVE?

81 THE DROVE is 86m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 81 THE DROVE lies on this distribution: 16% of detached houses are smaller than 81 THE DROVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Taverham.

81 THE DROVE: Plot and Title Map

81 THE DROVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 81 THE DROVE, 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 81 THE DROVE). 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 81 THE DROVE?

81 THE DROVE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 81 on THE DROVE.