21, BONE ROAD, DRAYTON, NORWICH, NR8 6EH - £365,000

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

21 BONE ROAD is a midsized extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £365,000 in May 2022, which was around 10% below the average May 2022 detached price in the Broadland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

21 BONE ROAD Sold Prices

Land registry data shows four sales for 21 BONE ROAD 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. All of the four 21 BONE ROAD 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
2022 27 MAY	£365,000	£405,424	10% below HPI
2019 4 OCT	£295,000	£339,701	13% below HPI
2018 16 NOV	£300,000	£344,713	13% below HPI
1997 14 FEB	£58,000	£75,706	23% below HPI

21 BONE ROAD 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 21 BONE ROAD sales between February 1997 and May 2022 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 October 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 21 BONE ROAD?

21 BONE ROAD is 131m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 21 BONE ROAD lies on this distribution: 55% of detached houses are smaller than 21 BONE ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Drayton.

21 BONE ROAD: Plot and Title Map

21 BONE ROAD sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 21 BONE ROAD, 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 21 BONE ROAD). 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 21 BONE ROAD?

21 BONE ROAD is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 21 on BONE ROAD.