2A, MAGNAY ROAD, DRAYTON, NORWICH, NR8 6BT - £273,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2A MAGNAY ROAD is a small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £273,500 in January 2016, which was around 9% below the average January 2016 detached price in the Broadland local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

2A MAGNAY ROAD Sold Prices

Land registry data shows three sales for 2A MAGNAY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 2A MAGNAY ROAD 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 18 JAN	£273,500	£298,964	9% below HPI
2012 2 NOV	£230,000	£240,933	5% below HPI
2004 8 APR	£150,000	£198,019	24% below HPI

2A MAGNAY ROAD 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 three 2A MAGNAY ROAD sales between April 2004 and January 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 November 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2A MAGNAY ROAD?

2A MAGNAY ROAD is 95m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 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 2A MAGNAY ROAD lies on this distribution: 22% of detached houses are smaller than 2A MAGNAY ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Drayton.

2A MAGNAY ROAD: Plot and Title Map

2A MAGNAY ROAD sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 2A MAGNAY ROAD, 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 2A MAGNAY ROAD). 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 2A MAGNAY ROAD?

2A MAGNAY ROAD is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 2A on MAGNAY ROAD.