20, POND LANE, DRAYTON, NORWICH, NR8 6PP - £350,000

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

20 POND LANE is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £350,000 in December 2020, which was around 2% below the average December 2020 detached price in the Broadland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

20 POND LANE Sold Prices

Land registry data shows three sales for 20 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. Two of the three 20 POND LANE sales were for below the average price, whilst one was 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
2020 22 DEC	£350,000	£356,241	2% below HPI
2008 18 JUN	£240,000	£252,389	5% below HPI
1997 8 OCT	£105,850	£81,380	30% above HPI

20 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 20 POND LANE sales between October 1997 and December 2020 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 June 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 20 POND LANE?

20 POND LANE is 96m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 20 POND LANE lies on this distribution: 23% of detached houses are smaller than 20 POND LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Drayton.

20 POND LANE: Plot and Title Map

20 POND LANE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 20 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 20 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 20 POND LANE?

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