12, OTTER DRIVE, MULBARTON, NORWICH, NR14 8QG - £290,000

12 OTTER DRIVE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £290,000 in February 2021, which was around 22% below the average February 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

12 OTTER DRIVE Sold Prices

Land registry data shows two sales for 12 OTTER 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 South Norfolk local authority area for the corresponding sale date. Both of the two 12 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
2021 16 FEB	£290,000	£371,362	22% below HPI
2014 21 MAR	£167,500	£252,736	34% below HPI

12 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 two 12 OTTER DRIVE sales from March 2014 and February 2021 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 March 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 12 OTTER DRIVE?

12 OTTER DRIVE is 76m² according to the EPC inspection conducted in January 2015. 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 12 OTTER DRIVE lies on this distribution: 10% of detached houses are smaller than 12 OTTER DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

12 OTTER DRIVE: Plot and Title Map

12 OTTER DRIVE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 12 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 12 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 12 OTTER DRIVE?

12 OTTER DRIVE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 12 on OTTER DRIVE.