39, SCHOOL ROAD, DRAYTON, NORWICH, NR8 6EG - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

39 SCHOOL ROAD is a midsized extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £280,000 in August 2013, which was around 12% above the average August 2013 detached price in the Broadland local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

39 SCHOOL ROAD Sold Prices

Land registry data shows three sales for 39 SCHOOL 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. One of the three 39 SCHOOL ROAD sales was for above the average price, whilst two 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
2013 6 AUG	£280,000	£250,158	12% above HPI
2007 10 MAY	£205,000	£248,773	18% below HPI
2003 3 FEB	£155,000	£182,620	15% below HPI

39 SCHOOL 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 39 SCHOOL ROAD sales between February 2003 and August 2013 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 May 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2013 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 39 SCHOOL ROAD?

39 SCHOOL ROAD is 120m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 39 SCHOOL ROAD lies on this distribution: 48% of detached houses are smaller than 39 SCHOOL ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Drayton.

39 SCHOOL ROAD: Plot and Title Map

39 SCHOOL ROAD sits on a plot of roughly 0.233 of an acre, or 941m². The below map shows the location of 39 SCHOOL 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 39 SCHOOL 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 39 SCHOOL ROAD?

39 SCHOOL ROAD is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 39 on SCHOOL ROAD.