10, DRAYTON GROVE, DRAYTON, NORWICH, NR8 6PU - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 DRAYTON GROVE is a small detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £397,655. It was last sold for £315,000 in August 2018, which was around 6% below the average August 2018 detached price in the Broadland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

10 DRAYTON GROVE Sold Prices

Land registry data shows four sales for 10 DRAYTON GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 10 DRAYTON GROVE 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
2018 3 AUG	£315,000	£335,509	6% below HPI
2016 3 JUN	£325,000	£310,743	5% above HPI
2006 19 DEC	£225,000	£246,582	9% below HPI
2001 12 OCT	£108,000	£141,669	24% below HPI

10 DRAYTON GROVE 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 four 10 DRAYTON GROVE sales between October 2001 and August 2018 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 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 10 DRAYTON GROVE be worth now?

10 DRAYTON GROVE might now be worth an estimated £397,655.

This is based on house price inflation of 26.2%, between August 2018 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.2% inflationary increase is applied to the most recent sale price for 10 DRAYTON GROVE of £315,000 on 3rd August 2018. For the value to have increased from £315,000 to £397,655 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 10 DRAYTON GROVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 10 DRAYTON GROVE has not materially changed since August 2018.

How Large is 10 DRAYTON GROVE?

10 DRAYTON GROVE is 94m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drayton, and where 10 DRAYTON GROVE lies on this distribution: 20% of detached houses houses are smaller than 10 DRAYTON GROVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Drayton.

10 DRAYTON GROVE: Plot and Title Map

10 DRAYTON GROVE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 10 DRAYTON GROVE, 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 10 DRAYTON GROVE). 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 10 DRAYTON GROVE?

10 DRAYTON GROVE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 10 on DRAYTON GROVE.