1, GREBE DRIVE, SPROWSTON, NORWICH, NR7 8FJ - £308,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GREBE DRIVE is a small detached house of 88m², which could now be worth an estimated £314,106. It was last sold for £308,000 in April 2022, which was around 25% below the average April 2022 detached price in the Broadland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

1 GREBE DRIVE Sold Prices

Land registry data shows two sales for 1 GREBE 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 1 GREBE 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
2022 8 APR	£308,000	£408,909	25% below HPI
2015 22 DEC	£229,950	£299,341	23% below HPI

1 GREBE 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 1 GREBE DRIVE sales from December 2015 and April 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 December 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 GREBE DRIVE be worth now?

1 GREBE DRIVE might now be worth an estimated £314,106.

This is based on house price inflation of 2%, between April 2022 and October 2025, 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 2% inflationary increase is applied to the most recent sale price for 1 GREBE DRIVE of £308,000 on 8th April 2022. For the value to have increased from £308,000 to £314,106 over the two years and six months to October 2025, the following assumptions must hold true:

• The value of 1 GREBE DRIVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The April 2022 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREBE DRIVE has not materially changed since April 2022.

How Large is 1 GREBE DRIVE?

1 GREBE DRIVE is 88m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 1 GREBE DRIVE lies on this distribution: 27% of detached houses houses are smaller than 1 GREBE DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 GREBE DRIVE: Plot and Title Map

1 GREBE DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 1 GREBE 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 1 GREBE 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 1 GREBE DRIVE?

1 GREBE DRIVE is located in SPROWSTON, in the NR7 postcode district. The below map shows the position of No. 1 on GREBE DRIVE.