9, OTTER DRIVE, MULBARTON, NORWICH, NR14 8QG - £228,000

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

9 OTTER DRIVE is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £237,050. It was last sold for £228,000 in September 2023, which was around 15% below the average September 2023 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

9 OTTER DRIVE Sold Prices

Land registry data shows five sales for 9 OTTER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 9 OTTER 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 22 SEP	£228,000	£267,893	15% below HPI
2022 12 AUG	£180,000	£272,629	34% below HPI
2007 1 JUN	£150,000	£169,226	11% below HPI
2005 22 JUL	£137,000	£148,835	8% below HPI
2003 26 SEP	£108,000	£122,945	12% below HPI

9 OTTER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The five 9 OTTER DRIVE sales between September 2003 and September 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 August 2022 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 9 OTTER DRIVE be worth now?

9 OTTER DRIVE might now be worth an estimated £237,050.

This is based on house price inflation of 4%, between September 2023 and December 2024, for semi-detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4% inflationary increase is applied to the most recent sale price for 9 OTTER DRIVE of £228,000 on 22nd September 2023. For the value to have increased from £228,000 to £237,050 over the nine months to December 2024, the following assumptions must hold true:

• The value of 9 OTTER DRIVE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The September 2023 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 9 OTTER DRIVE has not materially changed since September 2023.

How Large is 9 OTTER DRIVE?

9 OTTER DRIVE is 56m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of semi-detached houses houses in Mulbarton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mulbarton, and where 9 OTTER DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 9 OTTER DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

9 OTTER DRIVE: Plot and Title Map

9 OTTER DRIVE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 9 OTTER 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 9 OTTER 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 9 OTTER DRIVE?

9 OTTER DRIVE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 9 on OTTER DRIVE.