2 Babylon Drive

    2, BABYLON DRIVE, NORWICH, NR5 0WL

    This detached freehold property on Babylon Drive last sold in November 2023 for £325,000. Based on price growth in the NR5 district since then, its estimated current value is £296,344 — placing it in the 48th percentile nationally and the 70th percentile within NR5. The property covers 117 m² (1,259 sq ft), giving an estimated value of £2,533 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £325,000

    Nov 2023

    Estimated Valuation

    £296,344

    Est. £/sq ft

    £235/sq ft

    £2,533/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,259 sq ft (117 m²)
    EPC dateSept 2020
    WallsAverage thermal transmittance 0.25 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Nov 2023

    £325,000

    19 Nov 2020

    New build

    £310,000

    Key Metrics

    Estimated valuation£296,344
    Value per sq ft / m²£235/sq ft (£2,533/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR5 district percentile70th percentile
    National percentile48th percentile

    District Context — NR5

    NR5 covers central Norwich and its immediate surroundings in Norfolk, positioned in the East Anglia region. It is a mixed residential and urban neighbourhood with a diverse housing mix and a notable student and young professional presence.

    Average Property Price - NR5

    £265,229

    32

    National percentile

    Average Net Household Income - NR5

    £25,076

    3

    National percentile

    10-Year Annualised Price Growth - NR5

    3.7%

    57

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR5

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