3, OAKTREE DRIVE, NORWICH, NR7 8SU - £344,000

3 OAKTREE DRIVE is a very large detached house of 167m², built sometime between 1976 and 1982. It was last sold for £344,000 in January 2012, which was around 47% above the average January 2012 detached price in the Broadland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

3 OAKTREE DRIVE Sold Prices

Land registry data shows two sales for 3 OAKTREE 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 Broadland local authority area for the corresponding sale date. Both of the two 3 OAKTREE DRIVE sales were for above 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
2012 17 JAN	£344,000	£234,764	47% above HPI
2004 28 JUN	£325,000	£201,594	61% above HPI

3 OAKTREE 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 two 3 OAKTREE DRIVE sales from June 2004 and January 2012 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 2004 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the January 2012 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 3 OAKTREE DRIVE?

3 OAKTREE DRIVE is 167m² according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 3 OAKTREE DRIVE lies on this distribution: 88% of detached houses are smaller than 3 OAKTREE DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 OAKTREE DRIVE: Plot and Title Map

3 OAKTREE DRIVE sits on a plot of roughly 0.243 of an acre, or 985m². The below map shows the location of 3 OAKTREE 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 3 OAKTREE 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 3 OAKTREE DRIVE?

3 OAKTREE DRIVE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 3 on OAKTREE DRIVE.