2, ASHGROVE, DRAYTON, NORWICH, NR8 6AY - £268,000

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

2 ASHGROVE is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £268,000 in August 2021, which was around 29% below the average August 2021 detached price in the Broadland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

2 ASHGROVE Sold Prices

Land registry data shows two sales for 2 ASHGROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 2 ASHGROVE 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
2021 27 AUG	£268,000	£377,540	29% below HPI
1995 28 APR	£62,000	£70,047	11% below HPI

2 ASHGROVE 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 two 2 ASHGROVE sales from April 1995 and August 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 April 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 ASHGROVE?

2 ASHGROVE is 90m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% 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 2 ASHGROVE lies on this distribution: 30% of detached houses are smaller than 2 ASHGROVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

2 ASHGROVE: Plot and Title Map

2 ASHGROVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 2 ASHGROVE, 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 2 ASHGROVE). 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 2 ASHGROVE?

2 ASHGROVE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 2 on ASHGROVE.