18, POND LANE, DRAYTON, NORWICH, NR8 6PP - £374,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

18 POND LANE is a small detached house of 111m², built sometime between 1991 and 1995. It was last sold for £374,000 in April 2024, which was around 3% below the average April 2024 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.

18 POND LANE Sold Prices

Land registry data shows three sales for 18 POND LANE 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. One of the three 18 POND LANE sales was for below the average price, whilst two were 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
2024 23 APR	£374,000	£385,980	3% below HPI
2011 28 MAR	£257,500	£226,743	14% above HPI
1997 1 MAY	£105,000	£73,522	43% above HPI

18 POND LANE 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 18 POND LANE sales between May 1997 and April 2024 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 March 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 18 POND LANE?

18 POND LANE is 111m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 18 POND LANE lies on this distribution: 39% of detached houses are smaller than 18 POND LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Drayton.

18 POND LANE: Plot and Title Map

18 POND LANE sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of 18 POND LANE, 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 18 POND LANE). 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 18 POND LANE?

18 POND LANE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 18 on POND LANE.