1, DREWRAY DRIVE, TAVERHAM, NORWICH, NR8 6XS - £180,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 DREWRAY DRIVE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £180,000 in October 2012, which was around 26% below the average October 2012 detached price in the Broadland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

1 DREWRAY DRIVE Sold Prices

Land registry data shows two sales for 1 DREWRAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 1 DREWRAY 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
2012 26 OCT	£180,000	£243,414	26% below HPI
2004 22 MAR	£152,000	£195,089	22% below HPI

1 DREWRAY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 1 DREWRAY DRIVE sales from March 2004 and October 2012 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2012 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 DREWRAY DRIVE?

1 DREWRAY DRIVE is 74m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Marriot, and where 1 DREWRAY DRIVE lies on this distribution: 11% of detached houses are smaller than 1 DREWRAY DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

1 DREWRAY DRIVE: Plot and Title Map

1 DREWRAY DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 1 DREWRAY 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 1 DREWRAY 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 1 DREWRAY DRIVE?

1 DREWRAY DRIVE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 1 on DREWRAY DRIVE.