3, ORMESBY DRIVE, SWAFFHAM, PE37 7SL - £228,000

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.

3 ORMESBY DRIVE is a small semi-detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £236,238. It was last sold for £228,000 in July 2022, which was around 4% below the average July 2022 semi-detached price in the Breckland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

3 ORMESBY DRIVE Sold Prices

Land registry data shows three sales for 3 ORMESBY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. Two of the three 3 ORMESBY DRIVE sales were for below the average price, whilst one was 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
2022 29 JUL	£228,000	£237,113	4% below HPI
2020 11 AUG	£200,000	£202,883	1% below HPI
1998 1 MAY	£54,500	£46,514	17% above HPI

3 ORMESBY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The three 3 ORMESBY DRIVE sales between May 1998 and July 2022 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 August 2020 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 ORMESBY DRIVE be worth now?

3 ORMESBY DRIVE might now be worth an estimated £236,238.

This is based on house price inflation of 3.6%, between July 2022 and April 2026, for semi-detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.6% inflationary increase is applied to the most recent sale price for 3 ORMESBY DRIVE of £228,000 on 29th July 2022. For the value to have increased from £228,000 to £236,238 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 3 ORMESBY DRIVE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The July 2022 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ORMESBY DRIVE has not materially changed since July 2022.

How Large is 3 ORMESBY DRIVE?

3 ORMESBY DRIVE is 86m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of semi-detached houses houses in Swaffham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swaffham, and where 3 ORMESBY DRIVE lies on this distribution: 30% of semi-detached houses houses are smaller than 3 ORMESBY DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

3 ORMESBY DRIVE: Plot and Title Map

3 ORMESBY DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 3 ORMESBY 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 3 ORMESBY 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 3 ORMESBY DRIVE?

3 ORMESBY DRIVE is located in SWAFFHAM, in the PE37 postcode district. The below map shows the position of No. 3 on ORMESBY DRIVE.