34, DREWRAY DRIVE, TAVERHAM, NORWICH, NR8 6XS - £350,000

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.

34 DREWRAY DRIVE is a midsized detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £411,996. It was last sold for £350,000 in December 2020, which was around 3% below the average December 2020 detached price in the Broadland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

34 DREWRAY DRIVE Sold Prices

Land registry data shows four sales for 34 DREWRAY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 34 DREWRAY DRIVE 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
2020 9 DEC	£350,000	£359,812	3% below HPI
2007 17 JUL	£247,000	£254,093	3% below HPI
2003 17 MAR	£173,000	£187,769	8% below HPI
1997 24 MAR	£82,000	£75,978	8% above HPI

34 DREWRAY DRIVE 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 four 34 DREWRAY DRIVE sales between March 1997 and December 2020 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 July 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2020 sale, which was also at 3% below the HPI.

What might 34 DREWRAY DRIVE be worth now?

34 DREWRAY DRIVE might now be worth an estimated £411,996.

This is based on house price inflation of 17.7%, between December 2020 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 17.7% inflationary increase is applied to the most recent sale price for 34 DREWRAY DRIVE of £350,000 on 9th December 2020. For the value to have increased from £350,000 to £411,996 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 34 DREWRAY DRIVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 34 DREWRAY DRIVE has not materially changed since December 2020.

How Large is 34 DREWRAY DRIVE?

34 DREWRAY DRIVE is 115m² according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thorpe Marriot, and where 34 DREWRAY DRIVE lies on this distribution: 56% of detached houses houses are smaller than 34 DREWRAY DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

34 DREWRAY DRIVE: Plot and Title Map

34 DREWRAY DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 34 DREWRAY DRIVE, 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 34 DREWRAY DRIVE). 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 34 DREWRAY DRIVE?

34 DREWRAY DRIVE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 34 on DREWRAY DRIVE.