5, ORMESBY DRIVE, SWAFFHAM, PE37 7SL - £175,000

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.

5 ORMESBY DRIVE is a very small extended detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £216,537. It was last sold for £175,000 in December 2018, which was around 42% below the average December 2018 detached price in the Breckland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

5 ORMESBY DRIVE Sold Prices

Land registry data shows one sale for 5 ORMESBY DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Breckland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 17 DEC	£175,000	£303,998	42% below HPI

What might 5 ORMESBY DRIVE be worth now?

5 ORMESBY DRIVE might now be worth an estimated £216,537.

This is based on house price inflation of 23.7%, between December 2018 and April 2026, 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 23.7% inflationary increase is applied to the most recent sale price for 5 ORMESBY DRIVE of £175,000 on 17th December 2018. For the value to have increased from £175,000 to £216,537 over the eight years and eight months to April 2026, the following assumptions must hold true:

• The value of 5 ORMESBY DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ORMESBY DRIVE has not materially changed since December 2018.

How Large is 5 ORMESBY DRIVE?

5 ORMESBY DRIVE is 68m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Swaffham, based on EPC data. The below chart shows the distribution of detached houses by size in Swaffham, and where 5 ORMESBY DRIVE lies on this distribution: 7% of detached houses are smaller than 5 ORMESBY DRIVE, and 92% of detached houses are larger. Note that EPC data is not available for all properties in Swaffham.

5 ORMESBY DRIVE: Plot

5 ORMESBY DRIVE sits on a plot of roughly 0.083 of an acre, or 335m².

Where is 5 ORMESBY DRIVE?

5 ORMESBY DRIVE is located in SWAFFHAM, in the PE37 postcode district.