23, CENTURY WAY, DRAYTON, NORWICH, NR8 6GZ - £275,000

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

23 CENTURY WAY is a midsized detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £346,213. It was last sold for £275,000 in December 2017, which was around 18% below the average December 2017 detached price in the Broadland local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was C.

23 CENTURY WAY Sold Prices

Land registry data shows five sales for 23 CENTURY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 23 CENTURY 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
2017 13 DEC	£275,000	£336,426	18% below HPI
2013 1 AUG	£190,000	£252,665	25% below HPI
2003 14 NOV	£135,000	£196,944	31% below HPI
2003 28 APR	£152,000	£188,708	19% below HPI
2000 8 DEC	£101,750	£117,848	14% below HPI

23 CENTURY WAY 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 five 23 CENTURY WAY sales between December 2000 and December 2017 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 August 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 23 CENTURY WAY be worth now?

23 CENTURY WAY might now be worth an estimated £346,213.

This is based on house price inflation of 25.9%, between December 2017 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 25.9% inflationary increase is applied to the most recent sale price for 23 CENTURY WAY of £275,000 on 13th December 2017. For the value to have increased from £275,000 to £346,213 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 CENTURY WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CENTURY WAY has not materially changed since December 2017.

How Large is 23 CENTURY WAY?

23 CENTURY WAY is 114m² according to the EPC inspection conducted in November 2024. This puts it in the largest 50% 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 23 CENTURY WAY lies on this distribution: 55% of detached houses houses are smaller than 23 CENTURY WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

23 CENTURY WAY: Plot and Title Map

23 CENTURY WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 23 CENTURY 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 23 CENTURY 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 23 CENTURY WAY?

23 CENTURY WAY is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 23 on CENTURY WAY.