3, OTTER DRIVE, MULBARTON, NORWICH, NR14 8QG - £220,000

3 OTTER DRIVE is a very small extended detached house of 77m², built sometime between 1983 and 1990. It was last sold for £220,000 in September 2019, which was around 34% below the average September 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

3 OTTER DRIVE Sold Prices

Land registry data shows three sales for 3 OTTER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 3 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
2019 13 SEP	£220,000	£333,108	34% below HPI
2008 26 JUN	£178,000	£237,744	25% below HPI
2003 29 JUL	£133,250	£189,420	30% below HPI

3 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 three 3 OTTER DRIVE sales between July 2003 and September 2019 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 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 OTTER DRIVE?

3 OTTER DRIVE is 77m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 3 OTTER DRIVE lies on this distribution: 12% of detached houses are smaller than 3 OTTER DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

3 OTTER DRIVE: Plot and Title Map

3 OTTER DRIVE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 3 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 3 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 3 OTTER DRIVE?

3 OTTER DRIVE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 3 on OTTER DRIVE.