25, OTTER DRIVE, MULBARTON, NORWICH, NR14 8QG - £227,000

25 OTTER DRIVE is a very small semi-detached house of 69m², built sometime between 1983 and 1990. It was last sold for £227,000 in June 2018, which was around 32% below the average June 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

25 OTTER DRIVE Sold Prices

Land registry data shows six sales for 25 OTTER DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the six 25 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
2018 29 JUN	£227,000	£334,202	32% below HPI
2014 13 JUN	£170,000	£260,087	35% below HPI
2010 30 APR	£145,000	£227,770	36% below HPI
2003 30 JUN	£95,000	£186,487	49% below HPI
1999 2 JUL	£50,000	£93,122	46% below HPI
1995 28 APR	£43,000	£70,927	39% below HPI

25 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 six 25 OTTER DRIVE sales between April 1995 and June 2018 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 June 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2018 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 25 OTTER DRIVE?

25 OTTER DRIVE is 69m² according to the EPC inspection conducted in March 2018. 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 25 OTTER DRIVE lies on this distribution: 2% of detached houses are smaller than 25 OTTER DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

25 OTTER DRIVE: Plot and Title Map

25 OTTER DRIVE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 25 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 25 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 25 OTTER DRIVE?

25 OTTER DRIVE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 25 on OTTER DRIVE.