16, DREWRAY DRIVE, TAVERHAM, NORWICH, NR8 6XS - £425,000

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

16 DREWRAY DRIVE is a very large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £425,000 in September 2022, which was about the average September 2022 detached price in the Broadland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

16 DREWRAY DRIVE Sold Prices

Land registry data shows three sales for 16 DREWRAY DRIVE 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 16 DREWRAY DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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
2022 20 SEP	£425,000	£426,463	Close to HPI
2013 31 OCT	£239,950	£251,000	4% below HPI
2002 12 AUG	£203,000	£167,121	21% above HPI

16 DREWRAY DRIVE 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 16 DREWRAY DRIVE sales between August 2002 and September 2022 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 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 16 DREWRAY DRIVE?

16 DREWRAY DRIVE is 138m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% 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 16 DREWRAY DRIVE lies on this distribution: 84% of detached houses are smaller than 16 DREWRAY DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

16 DREWRAY DRIVE: Plot and Title Map

16 DREWRAY DRIVE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 16 DREWRAY DRIVE, 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 16 DREWRAY DRIVE). 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 16 DREWRAY DRIVE?

16 DREWRAY DRIVE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 16 on DREWRAY DRIVE.