18, CHENERY DRIVE, NORWICH, NR7 8RR - £282,000

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.

18 CHENERY DRIVE is a small detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £369,231. It was last sold for £282,000 in September 2016, which was around 11% below the average September 2016 detached price in the Broadland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

18 CHENERY DRIVE Sold Prices

Land registry data shows two sales for 18 CHENERY 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 18 CHENERY 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
2016 30 SEP	£282,000	£318,495	11% below HPI
2016 7 JAN	£222,500	£301,961	26% below HPI

18 CHENERY 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 18 CHENERY DRIVE sales from January 2016 and September 2016 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 January 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 18 CHENERY DRIVE be worth now?

18 CHENERY DRIVE might now be worth an estimated £369,231.

This is based on house price inflation of 30.9%, between September 2016 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 30.9% inflationary increase is applied to the most recent sale price for 18 CHENERY DRIVE of £282,000 on 30th September 2016. For the value to have increased from £282,000 to £369,231 over the eight years and eleven months to October 2025, the following assumptions must hold true:

• The value of 18 CHENERY DRIVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2016 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHENERY DRIVE has not materially changed since September 2016.

How Large is 18 CHENERY DRIVE?

18 CHENERY DRIVE is 95m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% 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 18 CHENERY DRIVE lies on this distribution: 35% of detached houses houses are smaller than 18 CHENERY DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 CHENERY DRIVE: Plot and Title Map

18 CHENERY DRIVE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 18 CHENERY 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 18 CHENERY 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 18 CHENERY DRIVE?

18 CHENERY DRIVE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 18 on CHENERY DRIVE.