21, POND LANE, DRAYTON, NORWICH, NR8 6PP - £180,000

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.

21 POND LANE is a midsized detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £428,601. It was last sold for £180,000 in November 2002, which was around 1% above the average November 2002 detached price in the Broadland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

21 POND LANE Sold Prices

Land registry data shows two sales for 21 POND LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 21 POND LANE sales 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
2002 8 NOV	£180,000	£177,877	1% above HPI
1997 12 NOV	£98,500	£82,110	20% above HPI

21 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 two 21 POND LANE sales from November 1997 and November 2002 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 1997 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2002 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 21 POND LANE be worth now?

21 POND LANE might now be worth an estimated £428,601.

This is based on house price inflation of 138.1%, between November 2002 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 138.1% inflationary increase is applied to the most recent sale price for 21 POND LANE of £180,000 on 8th November 2002. For the value to have increased from £180,000 to £428,601 over the 23 years and nine months to February 2025, the following assumptions must hold true:

• The value of 21 POND LANE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2002 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 21 POND LANE has not materially changed since November 2002.

How Large is 21 POND LANE?

21 POND LANE is 118m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% 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 21 POND LANE lies on this distribution: 45% of detached houses houses are smaller than 21 POND LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Drayton.

21 POND LANE: Plot and Title Map

21 POND LANE sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 21 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 21 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 21 POND LANE?

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