27, ORCHARD BANK, DRAYTON, NORWICH, NR8 6RN - £210,000

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

27 ORCHARD BANK is a large extended detached house of 168m², built sometime between 1976 and 1982. It was last sold for £210,000 in October 2011, which was around 10% below the average October 2011 detached price in the Broadland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

27 ORCHARD BANK Sold Prices

Land registry data shows two sales for 27 ORCHARD BANK 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 27 ORCHARD BANK 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
2011 24 OCT	£210,000	£234,372	10% below HPI
2005 13 JAN	£205,000	£215,571	5% below HPI

27 ORCHARD BANK 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 27 ORCHARD BANK sales from January 2005 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 January 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2011 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 27 ORCHARD BANK?

27 ORCHARD BANK is 168m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 27 ORCHARD BANK lies on this distribution: 79% of detached houses are smaller than 27 ORCHARD BANK, and 21% of houses are larger. Note that EPC data is not available for all properties in Drayton.

27 ORCHARD BANK: Plot and Title Map

27 ORCHARD BANK sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 27 ORCHARD BANK, 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 27 ORCHARD BANK). 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 27 ORCHARD BANK?

27 ORCHARD BANK is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 27 on ORCHARD BANK.