39, SHERIDAN CLOSE, DRAYTON, NORWICH, NR8 6RW - £299,000

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.

39 SHERIDAN CLOSE is a midsized extended detached house of 131m², built sometime between 1976 and 1982, which could now be worth an estimated £419,393. It was last sold for £299,000 in January 2016, which was around 1% below the average January 2016 detached price in the Broadland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

39 SHERIDAN CLOSE Sold Prices

Land registry data shows three sales for 39 SHERIDAN CLOSE 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. All of the three 39 SHERIDAN 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 15 JAN	£299,000	£301,961	1% below HPI
2014 13 OCT	£249,950	£272,160	8% below HPI
2009 8 SEP	£210,000	£224,222	6% below HPI

39 SHERIDAN 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 three 39 SHERIDAN CLOSE sales between September 2009 and January 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 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 39 SHERIDAN CLOSE be worth now?

39 SHERIDAN CLOSE might now be worth an estimated £419,393.

This is based on house price inflation of 40.3%, between January 2016 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 40.3% inflationary increase is applied to the most recent sale price for 39 SHERIDAN CLOSE of £299,000 on 15th January 2016. For the value to have increased from £299,000 to £419,393 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 39 SHERIDAN CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2016 sale price of £299,000 represented a fair market value for the property.
• The size, condition, and specification of 39 SHERIDAN CLOSE has not materially changed since January 2016.

How Large is 39 SHERIDAN CLOSE?

39 SHERIDAN CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 39 SHERIDAN CLOSE lies on this distribution: 56% of detached houses houses are smaller than 39 SHERIDAN CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Drayton.

39 SHERIDAN CLOSE: Plot and Title Map

39 SHERIDAN CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 39 SHERIDAN 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 39 SHERIDAN 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 39 SHERIDAN CLOSE?

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