20, THE SHIRES, DRAYTON, NORWICH, NR8 6EX - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

20 THE SHIRES is a very large extended detached house of 142m², built sometime between 1991 and 1995, which could now be worth an estimated £418,654. It was last sold for £350,000 in June 2020, which was around 1% below the average June 2020 detached price in the Broadland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

20 THE SHIRES Sold Prices

Land registry data shows four sales for 20 THE SHIRES 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. two of the four 20 THE SHIRES sales were for below the average price, and four 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
2020 12 JUN	£350,000	£354,090	1% below HPI
2013 27 SEP	£245,000	£255,697	4% below HPI
2005 24 JUN	£227,000	£219,252	4% above HPI
1995 13 NOV	£82,000	£74,084	11% above HPI

20 THE SHIRES 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 THE SHIRES sales between November 1995 and June 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 September 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 20 THE SHIRES be worth now?

20 THE SHIRES might now be worth an estimated £418,654.

This is based on house price inflation of 19.6%, between June 2020 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 19.6% inflationary increase is applied to the most recent sale price for 20 THE SHIRES of £350,000 on 12th June 2020. For the value to have increased from £350,000 to £418,654 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 20 THE SHIRES has moved in line with the HPI for detached houses in the Broadland local authority area.
• The June 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 20 THE SHIRES has not materially changed since June 2020.

How Large is 20 THE SHIRES?

20 THE SHIRES is 142m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thorpe Marriot, and where 20 THE SHIRES lies on this distribution: 87% of detached houses houses are smaller than 20 THE SHIRES, and 13% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

20 THE SHIRES: Plot and Title Map

20 THE SHIRES sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 20 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

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