5, DRAKES CLOSE, EAST HARLING, NORWICH, NR16 2JB - £442,000

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

5 DRAKES CLOSE is a very large extended detached house of 163m², built sometime between 1983 and 1990. It was last sold for £442,000 in May 2021, which was around 38% above the average May 2021 detached price in the Breckland local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

5 DRAKES CLOSE Sold Prices

Land registry data shows four sales for 5 DRAKES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 5 DRAKES CLOSE sales were for above 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 1 MAY	£442,000	£319,769	38% above HPI
2010 12 MAR	£267,500	£211,250	27% above HPI
2005 7 OCT	£264,500	£204,699	29% above HPI
1996 28 MAY	£90,500	£64,695	40% above HPI

5 DRAKES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The four 5 DRAKES CLOSE sales between May 1996 and May 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 March 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 5 DRAKES CLOSE?

5 DRAKES CLOSE is 163m², which includes three extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of detached houses in East Harling, based on EPC data. The below chart shows the distribution of detached houses by size in East Harling, and where 5 DRAKES CLOSE lies on this distribution: 84% of detached houses are smaller than 5 DRAKES CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in East Harling.

5 DRAKES CLOSE: Plot and Title Map

5 DRAKES CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 5 DRAKES 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 5 DRAKES 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 5 DRAKES CLOSE?

5 DRAKES CLOSE is located in EAST HARLING, in the NR16 postcode district. The below map shows the position of No. 5 on DRAKES CLOSE.