1, THE SHIRES, DRAYTON, NORWICH, NR8 6EX - £267,000

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 THE SHIRES is a midsized extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £267,000 in February 2016, which was around 12% below the average February 2016 detached price in the Broadland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

1 THE SHIRES Sold Prices

Land registry data shows two sales for 1 THE SHIRES 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. One of the two 1 THE SHIRES sales was for below the average price, whilst the other was for above 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
2016 16 FEB	£267,000	£302,743	12% below HPI
1995 30 JUN	£73,000	£72,459	1% above HPI

1 THE SHIRES 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 THE SHIRES sales from June 1995 and February 2016 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 June 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 THE SHIRES?

1 THE SHIRES is 103m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% 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 THE SHIRES lies on this distribution: 44% of detached houses are smaller than 1 THE SHIRES, and 56% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

1 THE SHIRES: Plot and Title Map

1 THE SHIRES sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 1 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

1 THE SHIRES is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 1 on THE SHIRES.