31, FRESHWATER WAY, DRAYTON, NORWICH, NR8 6BY - £198,000

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.

31 FRESHWATER WAY is a small semi-detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £266,042. It was last sold for £198,000 in October 2016, which was around 3% below the average October 2016 semi-detached price in the Broadland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

31 FRESHWATER WAY Sold Prices

Land registry data shows five sales for 31 FRESHWATER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. The five 31 FRESHWATER WAY sales were a mix of below the average price, roughly equal to the average price, and 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
2016 21 OCT	£198,000	£204,628	3% below HPI
2011 2 SEP	£154,000	£154,558	Close to HPI
2006 11 AUG	£139,950	£157,753	11% below HPI
2000 27 APR	£68,500	£64,575	6% above HPI
1996 23 FEB	£52,500	£44,437	18% above HPI

31 FRESHWATER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The five 31 FRESHWATER WAY sales between February 1996 and October 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 September 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 31 FRESHWATER WAY be worth now?

31 FRESHWATER WAY might now be worth an estimated £266,042.

This is based on house price inflation of 34.4%, between October 2016 and February 2025, for semi-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 34.4% inflationary increase is applied to the most recent sale price for 31 FRESHWATER WAY of £198,000 on 21st October 2016. For the value to have increased from £198,000 to £266,042 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 31 FRESHWATER WAY has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The October 2016 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FRESHWATER WAY has not materially changed since October 2016.

How Large is 31 FRESHWATER WAY?

31 FRESHWATER WAY is 87m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of semi-detached houses houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thorpe Marriot, and where 31 FRESHWATER WAY lies on this distribution: 26% of semi-detached houses houses are smaller than 31 FRESHWATER WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

31 FRESHWATER WAY: Plot and Title Map

31 FRESHWATER WAY sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 31 FRESHWATER WAY, 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 31 FRESHWATER WAY). 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 31 FRESHWATER WAY?

31 FRESHWATER WAY is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 31 on FRESHWATER WAY.