15, BONE ROAD, DRAYTON, NORWICH, NR8 6EH - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 BONE ROAD is a midsized extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £325,000 in June 2021, which was around 10% below the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

15 BONE ROAD Sold Prices

Land registry data shows three sales for 15 BONE ROAD 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. Two of the three 15 BONE ROAD sales were for below the average price, whilst one 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
2021 4 JUN	£325,000	£361,326	10% below HPI
2013 17 MAY	£249,950	£243,258	3% above HPI
2010 11 JUN	£175,000	£237,749	26% below HPI

15 BONE ROAD 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 15 BONE ROAD sales between June 2010 and June 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 May 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 15 BONE ROAD?

15 BONE ROAD is 116m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 15 BONE ROAD lies on this distribution: 43% of detached houses are smaller than 15 BONE ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Drayton.

15 BONE ROAD: Plot and Title Map

15 BONE ROAD sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 15 BONE ROAD, 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 15 BONE ROAD). 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 15 BONE ROAD?

15 BONE ROAD is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 15 on BONE ROAD.