1, GRACE EDWARDS CLOSE, DRAYTON, NORWICH, NR8 6WB - £250,000

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 GRACE EDWARDS CLOSE is a very small extended detached house of 73m², built sometime between 1996 and 2002. It was last sold for £250,000 in April 2021, which was around 30% below the average April 2021 detached price in the Broadland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

1 GRACE EDWARDS CLOSE Sold Prices

Land registry data shows three sales for 1 GRACE EDWARDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 1 GRACE EDWARDS CLOSE 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
2021 12 APR	£250,000	£357,853	30% below HPI
2003 24 OCT	£147,500	£196,547	25% below HPI
1999 31 AUG	£69,000	£91,326	24% below HPI

1 GRACE EDWARDS CLOSE 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 three 1 GRACE EDWARDS CLOSE sales between August 1999 and April 2021 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 October 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 GRACE EDWARDS CLOSE?

1 GRACE EDWARDS CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 GRACE EDWARDS CLOSE lies on this distribution: 10% of detached houses are smaller than 1 GRACE EDWARDS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

1 GRACE EDWARDS CLOSE: Plot and Title Map

1 GRACE EDWARDS CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 1 GRACE EDWARDS CLOSE, 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 GRACE EDWARDS CLOSE). 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 GRACE EDWARDS CLOSE?

1 GRACE EDWARDS CLOSE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 1 on GRACE EDWARDS CLOSE.