8, THE DRIFTWAY, SHERINGHAM, NR26 8LD - £166,000

8 THE DRIFTWAY is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £166,000 in April 2004, which was around 14% below the average April 2004 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

8 THE DRIFTWAY Sold Prices

Land registry data shows two sales for 8 THE DRIFTWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 8 THE DRIFTWAY 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
2004 6 APR	£166,000	£192,678	14% below HPI
2000 10 MAR	£72,000	£96,687	26% below HPI

8 THE DRIFTWAY 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 two 8 THE DRIFTWAY sales from March 2000 and April 2004 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 March 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2004 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 THE DRIFTWAY?

8 THE DRIFTWAY is 102m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 40% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 8 THE DRIFTWAY lies on this distribution: 36% of detached houses are smaller than 8 THE DRIFTWAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

8 THE DRIFTWAY: Plot and Title Map

8 THE DRIFTWAY sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 8 THE DRIFTWAY, 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 8 THE DRIFTWAY). 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 8 THE DRIFTWAY?

8 THE DRIFTWAY is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 8 on THE DRIFTWAY.