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

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

9 OTTER DRIVE is a very small semi-detached house of 56m², built sometime between 1983 and 1990. It was last sold for £228,000 in September 2023, which was around 44% below the average September 2023 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 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	£408,860	44% below HPI
2022 12 AUG	£180,000	£414,777	57% below HPI
2007 1 JUN	£150,000	£253,466	41% below HPI
2005 22 JUL	£137,000	£225,127	39% below HPI
2003 26 SEP	£108,000	£194,523	44% below HPI

9 OTTER 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 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 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the September 2023 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

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 detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 9 OTTER DRIVE lies on this distribution: 1% of detached 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 0.057 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.