3, GRACE EDWARDS CLOSE, DRAYTON, NORWICH, NR8 6WB - £160,000

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

3 GRACE EDWARDS CLOSE is a very small semi-detached house of 54m², built sometime between 1983 and 1990. It was last sold for £160,000 in March 2016, which was around 47% below the average March 2016 detached price in the Broadland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

3 GRACE EDWARDS CLOSE Sold Prices

Land registry data shows six sales for 3 GRACE EDWARDS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the six 3 GRACE EDWARDS CLOSE 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 30 MAR	£160,000	£301,918	47% below HPI
2006 24 OCT	£130,000	£242,031	46% below HPI
2003 26 SEP	£106,500	£198,807	46% below HPI
2002 3 MAY	£87,000	£151,340	43% below HPI
2000 12 MAY	£59,000	£104,076	43% below HPI
1999 25 JUN	£60,000	£90,114	33% below HPI

3 GRACE EDWARDS CLOSE 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 six 3 GRACE EDWARDS CLOSE sales between June 1999 and March 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 October 2006 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2016 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 3 GRACE EDWARDS CLOSE?

3 GRACE EDWARDS CLOSE is 54m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Marriot, and where 3 GRACE EDWARDS CLOSE lies on this distribution: 1% of detached houses are smaller than 3 GRACE EDWARDS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

3 GRACE EDWARDS CLOSE: Plot and Title Map

3 GRACE EDWARDS CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 3 GRACE EDWARDS CLOSE, 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 GRACE EDWARDS CLOSE). 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 GRACE EDWARDS CLOSE?

3 GRACE EDWARDS CLOSE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 3 on GRACE EDWARDS CLOSE.