33, CATHEDRAL DRIVE, NORTH ELMHAM, DEREHAM, NR20 5JH - £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.

33 CATHEDRAL DRIVE is a very small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £297,507. It was last sold for £305,000 in November 2022, which was around 20% below the average November 2022 detached price in the Breckland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was A.

33 CATHEDRAL DRIVE Sold Prices

Land registry data shows four sales for 33 CATHEDRAL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 33 CATHEDRAL 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
2022 11 NOV	£305,000	£379,760	20% below HPI
2021 18 JAN	£240,000	£321,384	25% below HPI
2017 18 DEC	£170,000	£302,491	44% below HPI
1999 13 AUG	£56,000	£86,404	35% below HPI

33 CATHEDRAL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The four 33 CATHEDRAL DRIVE sales between August 1999 and November 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 January 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 33 CATHEDRAL DRIVE be worth now?

33 CATHEDRAL DRIVE might now be worth an estimated £297,507.

This is based on house price deflation of 2.5%, between November 2022 and February 2025, for 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 2.5% deflationary decrease is applied to the most recent sale price for 33 CATHEDRAL DRIVE of £305,000 on 11th November 2022. For the value to have decreased from £305,000 to £297,507 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 33 CATHEDRAL DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 33 CATHEDRAL DRIVE has not materially changed since November 2022.

How Large is 33 CATHEDRAL DRIVE?

33 CATHEDRAL DRIVE is 85m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses houses in North Elmham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Elmham, and where 33 CATHEDRAL DRIVE lies on this distribution: 18% of detached houses houses are smaller than 33 CATHEDRAL DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in North Elmham.

33 CATHEDRAL DRIVE: Plot and Title Map

33 CATHEDRAL DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 33 CATHEDRAL 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 33 CATHEDRAL 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 33 CATHEDRAL DRIVE?

33 CATHEDRAL DRIVE is located in NORTH ELMHAM, in the NR20 postcode district. The below map shows the position of No. 33 on CATHEDRAL DRIVE.