21, DRAPER WAY, NORWICH, NR5 9NA - £172,000

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

21 DRAPER WAY is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £172,000 in April 2014, which was around 40% below the average April 2014 detached price in the Norwich local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

21 DRAPER WAY Sold Prices

Land registry data shows two sales for 21 DRAPER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 21 DRAPER WAY 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
2014 25 APR	£172,000	£287,986	40% below HPI
2002 22 NOV	£152,995	£194,148	21% below HPI

21 DRAPER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 21 DRAPER WAY sales from November 2002 and April 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 November 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 21 DRAPER WAY?

21 DRAPER WAY is 90m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 21 DRAPER WAY lies on this distribution: 29% of detached houses are smaller than 21 DRAPER WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Norwich.

21 DRAPER WAY: Plot and Title Map

21 DRAPER WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 21 DRAPER WAY, 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 DRAPER WAY). 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 DRAPER WAY?

21 DRAPER WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 21 on DRAPER WAY.