1, TERN DRIVE, SPROWSTON, NORWICH, NR7 8LR - £388,000

1 TERN DRIVE is a midsized detached house of 113m². It was last sold for £388,000 in November 2022, which was around 9% below the average November 2022 detached price in the Broadland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was B, and the potential energy rating was A.

1 TERN DRIVE Sold Prices

Land registry data shows two sales for 1 TERN 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 TERN 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 18 NOV	£388,000	£427,857	9% below HPI
2021 1 APR	£340,000	£357,853	5% below HPI

1 TERN 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 TERN DRIVE sales from April 2021 and November 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 April 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 TERN DRIVE?

1 TERN DRIVE is 113m² according to the EPC inspection conducted in January 2021. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1 TERN DRIVE lies on this distribution: 55% of detached houses are smaller than 1 TERN DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 TERN DRIVE: Plot and Title Map

1 TERN DRIVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 1 TERN 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 TERN 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 TERN DRIVE?

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