22, THE SHIRES, DRAYTON, NORWICH, NR8 6EX - £259,000

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.

22 THE SHIRES is a small detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £463,408. It was last sold for £259,000 in October 2011, which was around 9% above the average October 2011 detached price in the Broadland local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

22 THE SHIRES Sold Prices

Land registry data shows four sales for 22 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. All of the four 22 THE SHIRES 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
2011 21 OCT	£259,000	£236,721	9% above HPI
2003 16 JUL	£195,000	£191,077	2% above HPI
1997 30 OCT	£92,500	£82,196	13% above HPI
1996 29 MAR	£87,500	£70,271	25% above HPI

22 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 22 THE SHIRES sales between March 1996 and October 2011 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 July 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2011 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 22 THE SHIRES be worth now?

22 THE SHIRES might now be worth an estimated £463,408.

This is based on house price inflation of 78.9%, between October 2011 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 78.9% inflationary increase is applied to the most recent sale price for 22 THE SHIRES of £259,000 on 21st October 2011. For the value to have increased from £259,000 to £463,408 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 THE SHIRES has moved in line with the HPI for detached houses in the Broadland local authority area.
• The October 2011 sale price of £259,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE SHIRES has not materially changed since October 2011.

How Large is 22 THE SHIRES?

22 THE SHIRES is 84m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% 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 22 THE SHIRES lies on this distribution: 21% of detached houses houses are smaller than 22 THE SHIRES, and 79% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

22 THE SHIRES: Plot and Title Map

22 THE SHIRES sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 22 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 22 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 22 THE SHIRES?

22 THE SHIRES is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 22 on THE SHIRES.