20, ORCHARD BANK, DRAYTON, NORWICH, NR8 6RN - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 ORCHARD BANK is a large extended detached house of 159m², built sometime between 1976 and 1982, which could now be worth an estimated £402,950. It was last sold for £250,000 in July 2014, which was around 5% below the average July 2014 detached price in the Broadland local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

20 ORCHARD BANK Sold Prices

Land registry data shows four sales for 20 ORCHARD BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. One of the four 20 ORCHARD BANK 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
2014 31 JUL	£250,000	£262,778	5% below HPI
2007 23 MAR	£249,999	£249,062	Close to HPI
2003 30 JUL	£225,000	£191,077	18% above HPI
2000 30 MAR	£124,950	£103,837	20% above HPI

20 ORCHARD BANK 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 four 20 ORCHARD BANK sales between March 2000 and July 2014 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 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 20 ORCHARD BANK be worth now?

20 ORCHARD BANK might now be worth an estimated £402,950.

This is based on house price inflation of 61.2%, between July 2014 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.2% inflationary increase is applied to the most recent sale price for 20 ORCHARD BANK of £250,000 on 31st July 2014. For the value to have increased from £250,000 to £402,950 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 20 ORCHARD BANK has moved in line with the HPI for detached houses in the Broadland local authority area.
• The July 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 20 ORCHARD BANK has not materially changed since July 2014.

How Large is 20 ORCHARD BANK?

20 ORCHARD BANK is 159m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 30% of detached houses houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drayton, and where 20 ORCHARD BANK lies on this distribution: 75% of detached houses houses are smaller than 20 ORCHARD BANK, and 25% of houses are larger. Note that EPC data is not available for all properties in Drayton.

20 ORCHARD BANK: Plot and Title Map

20 ORCHARD BANK sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 20 ORCHARD BANK, 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 20 ORCHARD BANK). 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 20 ORCHARD BANK?

20 ORCHARD BANK is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 20 on ORCHARD BANK.