3, SNOWDROP DRIVE, SHERINGHAM, NR26 8XD - £305,000

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 SNOWDROP DRIVE is a midsized detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £373,627. It was last sold for £305,000 in July 2018, which was around 13% below the average July 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

3 SNOWDROP DRIVE Sold Prices

Land registry data shows three sales for 3 SNOWDROP 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 North Norfolk local authority area for the corresponding sale date. One of the three 3 SNOWDROP DRIVE sales was for below the average price, whilst two were 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
2018 2 JUL	£305,000	£351,685	13% below HPI
2007 5 JUN	£250,000	£243,483	3% above HPI
1999 4 JAN	£115,000	£85,602	34% above HPI

3 SNOWDROP DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 3 SNOWDROP DRIVE sales between January 1999 and July 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 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 SNOWDROP DRIVE be worth now?

3 SNOWDROP DRIVE might now be worth an estimated £373,627.

This is based on house price inflation of 22.5%, between July 2018 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 3 SNOWDROP DRIVE of £305,000 on 2nd July 2018. For the value to have increased from £305,000 to £373,627 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 3 SNOWDROP DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2018 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SNOWDROP DRIVE has not materially changed since July 2018.

How Large is 3 SNOWDROP DRIVE?

3 SNOWDROP DRIVE is 110m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 3 SNOWDROP DRIVE lies on this distribution: 45% of detached houses houses are smaller than 3 SNOWDROP DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

3 SNOWDROP DRIVE: Plot and Title Map

3 SNOWDROP DRIVE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 3 SNOWDROP 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 SNOWDROP 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 SNOWDROP DRIVE?

3 SNOWDROP DRIVE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 3 on SNOWDROP DRIVE.