15, DRAKES CLOSE, EAST HARLING, NORWICH, NR16 2JB - £169,000

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 DRAKES CLOSE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £169,000 in July 2011, which was around 16% below the average July 2011 detached price in the Breckland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

15 DRAKES CLOSE Sold Prices

Land registry data shows two sales for 15 DRAKES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 15 DRAKES 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
2011 27 JUL	£169,000	£201,702	16% below HPI
2001 12 OCT	£110,000	£125,665	12% below HPI

15 DRAKES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 15 DRAKES CLOSE sales from October 2001 and July 2011 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 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2011 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 15 DRAKES CLOSE?

15 DRAKES CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of detached houses in East Harling, based on EPC data. The below chart shows the distribution of detached houses by size in East Harling, and where 15 DRAKES CLOSE lies on this distribution: 35% of detached houses are smaller than 15 DRAKES CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in East Harling.

15 DRAKES CLOSE: Plot and Title Map

15 DRAKES CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 15 DRAKES 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 15 DRAKES 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 15 DRAKES CLOSE?

15 DRAKES CLOSE is located in EAST HARLING, in the NR16 postcode district. The below map shows the position of No. 15 on DRAKES CLOSE.