3, DRAYTON LODGE PARK, DRAYTON, NORWICH, NR8 6AT - £330,000

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.

3 DRAYTON LODGE PARK is a midsized detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £399,362. It was last sold for £330,000 in February 2019, which was around 6% below the average February 2019 detached price in the Broadland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

3 DRAYTON LODGE PARK Sold Prices

Land registry data shows three sales for 3 DRAYTON LODGE PARK 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. One of the three 3 DRAYTON LODGE PARK sales was for below the average price, whilst two 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
2019 15 FEB	£330,000	£349,984	6% below HPI
2005 13 DEC	£265,000	£222,991	19% above HPI
2001 18 MAY	£149,950	£126,689	18% above HPI

3 DRAYTON LODGE PARK 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 3 DRAYTON LODGE PARK sales between May 2001 and February 2019 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 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 DRAYTON LODGE PARK be worth now?

3 DRAYTON LODGE PARK might now be worth an estimated £399,362.

This is based on house price inflation of 21%, between February 2019 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 21% inflationary increase is applied to the most recent sale price for 3 DRAYTON LODGE PARK of £330,000 on 15th February 2019. For the value to have increased from £330,000 to £399,362 over the six years to February 2025, the following assumptions must hold true:

• The value of 3 DRAYTON LODGE PARK has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DRAYTON LODGE PARK has not materially changed since February 2019.

How Large is 3 DRAYTON LODGE PARK?

3 DRAYTON LODGE PARK is 130m² according to the EPC inspection conducted in May 2009. This puts it in the largest 50% 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 3 DRAYTON LODGE PARK lies on this distribution: 56% of detached houses houses are smaller than 3 DRAYTON LODGE PARK, and 44% of houses are larger. Note that EPC data is not available for all properties in Drayton.

3 DRAYTON LODGE PARK: Plot and Title Map

3 DRAYTON LODGE PARK sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of 3 DRAYTON LODGE PARK, 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 3 DRAYTON LODGE PARK). 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 3 DRAYTON LODGE PARK?

3 DRAYTON LODGE PARK is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 3 on DRAYTON LODGE PARK.