40, Chestnut Drive
40, Chestnut Drive
Description & Estimates
Public records show 40, Chestnut Drive, Norwich to be a modern freehold house with 1,539 ft2 of internal area, sitting on a 665 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
40, Chestnut Drive, Norwich has an estimated sale value of £467,907 and an estimated rental value of £1,591 per month, assuming reasonable condition and based on the information available.
Chestnut Drive, Loddon, Norwich, NR14 lies in the borough of South Norfolk, within the NR14 postal district.
Our Data Sources
40, Chestnut Drive, Norwich has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Chestnut Drive, Norwich would be worth £491,302, with a potential rental value of £1,671 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £435,153, with a rental value of £1,480 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Chestnut Drive, Norwich has climbed by £792 (0.2%) over the last year. During the same period, its estimated monthly rental value has risen by £61 (3.8%). The property's estimated gross yield is currently 4.1%.
Plot Size
40, Chestnut Drive, Norwich occupies a 665 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
40, Chestnut Drive, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
40, Chestnut Drive, Norwich last changed hands on 3rd September 2021, selling for £435,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 0.5% since September 2021.
- Sold Sep 2021£435,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 40, Chestnut Drive, Norwich across the last 2 years.
Most recently, 2, Chestnut Drive, Norwich, NR14 6GF, a freehold house, sold at £460,000 on the 7th January 2022.
Read more about house prices in NR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Chestnut Drive, Norwich as the 19th largest and the 19th most expensive of the 26 addresses on Chestnut Drive, Loddon, Norwich, NR14.
Against the NR14 postcode district average, it is £111k more expensive than the typical property.
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Schools Nearby
- 400mLoddon Junior School
- 400mLoddon Infant and Nursery School
- 3.5kmThurton Primary School
- 700mHobart High School
- 10.3kmFramingham Earl High School
- 10.3kmBungay High School
More reading links
Public Transport Nearby
Cantley station is the nearest stop to 40, Chestnut Drive, Norwich at 5.4 kilometres away.
- 5.4kmCantley
- 6.7kmReedham (Norfolk)
- 6.8kmBuckenham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
