10, THE SHIRES, DRAYTON, NORWICH, NR8 6EX - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 THE SHIRES is a large detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £423,823. It was last sold for £280,000 in May 2015, which was about the average May 2015 detached price in the Broadland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

10 THE SHIRES Sold Prices

Land registry data shows three sales for 10 THE SHIRES 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. The three 10 THE SHIRES sales were a mix of roughly equal to the average price, and 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
2015 7 MAY	£280,000	£279,817	Close to HPI
1996 28 AUG	£85,400	£74,562	15% above HPI
1995 5 JUN	£85,000	£73,186	16% above HPI

10 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 three 10 THE SHIRES sales between June 1995 and May 2015 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 August 1996 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 10 THE SHIRES be worth now?

10 THE SHIRES might now be worth an estimated £423,823.

This is based on house price inflation of 51.4%, between May 2015 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 51.4% inflationary increase is applied to the most recent sale price for 10 THE SHIRES of £280,000 on 7th May 2015. For the value to have increased from £280,000 to £423,823 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 10 THE SHIRES has moved in line with the HPI for detached houses in the Broadland local authority area.
• The May 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE SHIRES has not materially changed since May 2015.

How Large is 10 THE SHIRES?

10 THE SHIRES is 131m² according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thorpe Marriot, and where 10 THE SHIRES lies on this distribution: 75% of detached houses houses are smaller than 10 THE SHIRES, and 25% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

10 THE SHIRES: Plot and Title Map

10 THE SHIRES sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 10 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 10 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 10 THE SHIRES?

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