2, ROLAND DRIVE, HEMPNALL, NORWICH, NR15 2RB - £80,000

2 ROLAND DRIVE is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £80,000 in May 2002, which was around 47% below the average May 2002 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

2 ROLAND DRIVE Sold Prices

Land registry data shows two sales for 2 ROLAND 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 2 ROLAND 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
2002 31 MAY	£80,000	£151,085	47% below HPI
1998 7 DEC	£48,500	£89,479	46% below HPI

2 ROLAND 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 2 ROLAND DRIVE sales from December 1998 and May 2002 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 1998 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2002 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 ROLAND DRIVE?

2 ROLAND DRIVE is 58m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses in Hempnall, based on EPC data. The below chart shows the distribution of detached houses by size in Hempnall, and where 2 ROLAND DRIVE lies on this distribution: 4% of detached houses are smaller than 2 ROLAND DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hempnall.

2 ROLAND DRIVE: Plot and Title Map

2 ROLAND DRIVE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 2 ROLAND 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 2 ROLAND 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 2 ROLAND DRIVE?

2 ROLAND DRIVE is located in HEMPNALL, in the NR15 postcode district. The below map shows the position of No. 2 on ROLAND DRIVE.