23, POND LANE, DRAYTON, NORWICH, NR8 6PP - £315,000

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

23 POND LANE is a very small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £315,000 in March 2015, which was around 13% above the average March 2015 detached price in the Broadland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

23 POND LANE Sold Prices

Land registry data shows two sales for 23 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 23 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
2015 5 MAR	£315,000	£279,017	13% above HPI
1997 19 DEC	£102,300	£80,174	28% above HPI

23 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 23 POND LANE sales from December 1997 and March 2015 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 December 1997 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 23 POND LANE?

23 POND LANE is 93m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 23 POND LANE lies on this distribution: 20% of detached houses are smaller than 23 POND LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Drayton.

23 POND LANE: Plot and Title Map

23 POND LANE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 23 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 23 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 23 POND LANE?

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