4, CRASKE DRIVE, RACKHEATH, NORWICH, NR13 6SR - £275,000

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.

4 CRASKE DRIVE is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £340,604. It was last sold for £275,000 in May 2019, which was around 20% below the average May 2019 detached price in the Broadland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

4 CRASKE DRIVE Sold Prices

Land registry data shows three sales for 4 CRASKE DRIVE 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 4 CRASKE 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
2019 24 MAY	£275,000	£341,966	20% below HPI
2002 21 NOV	£144,950	£177,877	19% below HPI
2002 28 JUN	£117,350	£157,127	25% below HPI

4 CRASKE 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 three 4 CRASKE DRIVE sales between June 2002 and May 2019 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 November 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 CRASKE DRIVE be worth now?

4 CRASKE DRIVE might now be worth an estimated £340,604.

This is based on house price inflation of 23.9%, between May 2019 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 23.9% inflationary increase is applied to the most recent sale price for 4 CRASKE DRIVE of £275,000 on 24th May 2019. For the value to have increased from £275,000 to £340,604 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 4 CRASKE DRIVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The May 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CRASKE DRIVE has not materially changed since May 2019.

How Large is 4 CRASKE DRIVE?

4 CRASKE DRIVE is 82m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of detached houses houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rackheath, and where 4 CRASKE DRIVE lies on this distribution: 14% of detached houses houses are smaller than 4 CRASKE DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

4 CRASKE DRIVE: Plot and Title Map

4 CRASKE DRIVE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 4 CRASKE 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 4 CRASKE 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 4 CRASKE DRIVE?

4 CRASKE DRIVE is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 4 on CRASKE DRIVE.