4, THE SHIRES, DRAYTON, NORWICH, NR8 6EX - £298,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

4 THE SHIRES is a small detached house of 88m², built sometime between 1991 and 1995. It was last sold for £298,000 in August 2021, which was around 21% below the average August 2021 detached price in the Broadland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

4 THE SHIRES Sold Prices

Land registry data shows three sales for 4 THE SHIRES 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 THE SHIRES 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
2021 18 AUG	£298,000	£377,540	21% below HPI
1996 26 JUL	£71,500	£71,943	1% below HPI
1995 31 JAN	£69,500	£72,480	4% below HPI

4 THE SHIRES 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 THE SHIRES sales between January 1995 and August 2021 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 1996 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 THE SHIRES?

4 THE SHIRES is 88m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% 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 THE SHIRES lies on this distribution: 26% of detached houses are smaller than 4 THE SHIRES, and 73% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

4 THE SHIRES: Plot and Title Map

4 THE SHIRES sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 4 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

4 THE SHIRES is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 4 on THE SHIRES.