29, ORCHARD BANK, DRAYTON, NORWICH, NR8 6RN - £532,000

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.

29 ORCHARD BANK is a very large extended detached house of 185m², built sometime between 1991 and 1995, which could now be worth an estimated £576,896. It was last sold for £532,000 in November 2021, which was around 36% above the average November 2021 detached price in the Broadland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.

29 ORCHARD BANK Sold Prices

Land registry data shows two sales for 29 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 29 ORCHARD BANK 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
2021 25 NOV	£532,000	£390,584	36% above HPI
1996 11 NOV	£128,000	£73,477	74% above HPI

29 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 29 ORCHARD BANK sales from November 1996 and November 2021 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 November 1996 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the November 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 29 ORCHARD BANK be worth now?

29 ORCHARD BANK might now be worth an estimated £576,896.

This is based on house price inflation of 8.4%, between November 2021 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 8.4% inflationary increase is applied to the most recent sale price for 29 ORCHARD BANK of £532,000 on 25th November 2021. For the value to have increased from £532,000 to £576,896 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 29 ORCHARD BANK has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2021 sale price of £532,000 represented a fair market value for the property.
• The size, condition, and specification of 29 ORCHARD BANK has not materially changed since November 2021.

How Large is 29 ORCHARD BANK?

29 ORCHARD BANK is 185m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drayton, and where 29 ORCHARD BANK lies on this distribution: 85% of detached houses houses are smaller than 29 ORCHARD BANK, and 14% of houses are larger. Note that EPC data is not available for all properties in Drayton.

29 ORCHARD BANK: Plot and Title Map

29 ORCHARD BANK sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 29 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 29 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 29 ORCHARD BANK?

29 ORCHARD BANK is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 29 on ORCHARD BANK.