125, MOUNTBATTEN DRIVE, NORWICH, NR6 7PP - £209,950

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.

125 MOUNTBATTEN DRIVE is a large terraced house of 132m², built sometime between 2003 and 2006, which could now be worth an estimated £331,103. It was last sold for £209,950 in June 2007, which was around 46% above the average June 2007 terraced price in the Broadland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

125 MOUNTBATTEN DRIVE Sold Prices

Land registry data shows two sales for 125 MOUNTBATTEN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Broadland local authority area for the corresponding sale date. Both of the two 125 MOUNTBATTEN 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
2007 29 JUN	£209,950	£143,482	46% above HPI
2005 1 JUL	£180,500	£121,775	48% above HPI

125 MOUNTBATTEN DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The two 125 MOUNTBATTEN DRIVE sales from July 2005 and June 2007 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 July 2005 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2007 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 125 MOUNTBATTEN DRIVE be worth now?

125 MOUNTBATTEN DRIVE might now be worth an estimated £331,103.

This is based on house price inflation of 57.7%, between June 2007 and May 2026, for terraced 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 57.7% inflationary increase is applied to the most recent sale price for 125 MOUNTBATTEN DRIVE of £209,950 on 29th June 2007. For the value to have increased from £209,950 to £331,103 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 125 MOUNTBATTEN DRIVE has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The June 2007 sale price of £209,950 represented a fair market value for the property.
• The size, condition, and specification of 125 MOUNTBATTEN DRIVE has not materially changed since June 2007.

How Large is 125 MOUNTBATTEN DRIVE?

125 MOUNTBATTEN DRIVE is 132m² according to the EPC inspection conducted in April 2011. This puts it in the largest 30% of terraced houses houses in Norwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Norwich, and where 125 MOUNTBATTEN DRIVE lies on this distribution: 71% of terraced houses houses are smaller than 125 MOUNTBATTEN DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Norwich.

Where is 125 MOUNTBATTEN DRIVE?

125 MOUNTBATTEN DRIVE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 125 on MOUNTBATTEN DRIVE.