28, GEORGE DRIVE, DRAYTON, NORWICH, NR8 6DU - £243,500

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

28 GEORGE DRIVE is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £243,500 in September 2016, which was around 23% below the average September 2016 detached price in the Broadland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

28 GEORGE DRIVE Sold Prices

Land registry data shows two sales for 28 GEORGE DRIVE 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 28 GEORGE DRIVE 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
2016 28 SEP	£243,500	£315,334	23% below HPI
1998 30 JAN	£70,000	£80,790	13% below HPI

28 GEORGE DRIVE 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 28 GEORGE DRIVE sales from January 1998 and September 2016 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 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 28 GEORGE DRIVE?

28 GEORGE DRIVE is 63m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 28 GEORGE DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 28 GEORGE DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Drayton.

28 GEORGE DRIVE: Plot and Title Map

28 GEORGE DRIVE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 28 GEORGE DRIVE, 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 28 GEORGE DRIVE). 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 28 GEORGE DRIVE?

28 GEORGE DRIVE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 28 on GEORGE DRIVE.