4, GRACE EDWARDS CLOSE, DRAYTON, NORWICH, NR8 6WB - £247,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 GRACE EDWARDS CLOSE is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £247,000 in December 2016, which was around 22% below the average December 2016 detached price in the Broadland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

4 GRACE EDWARDS CLOSE Sold Prices

Land registry data shows six sales for 4 GRACE EDWARDS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the six 4 GRACE EDWARDS 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 19 DEC	£247,000	£315,073	22% below HPI
2014 17 JUN	£210,000	£255,022	18% below HPI
2007 31 AUG	£192,500	£258,761	26% below HPI
2004 12 MAR	£148,000	£195,089	24% below HPI
2002 10 APR	£110,500	£149,012	26% below HPI
1998 3 JUL	£71,500	£83,844	15% below HPI

4 GRACE EDWARDS 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 six 4 GRACE EDWARDS CLOSE sales between July 1998 and December 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 June 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 GRACE EDWARDS CLOSE?

4 GRACE EDWARDS CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Marriot, and where 4 GRACE EDWARDS CLOSE lies on this distribution: 37% of detached houses are smaller than 4 GRACE EDWARDS CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

4 GRACE EDWARDS CLOSE: Plot and Title Map

4 GRACE EDWARDS CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 4 GRACE EDWARDS 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 4 GRACE EDWARDS 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 4 GRACE EDWARDS CLOSE?

4 GRACE EDWARDS CLOSE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 4 on GRACE EDWARDS CLOSE.