5, STEEPLE CHASE, DRAYTON, NORWICH, NR8 6YR - £126,000

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

5 STEEPLE CHASE is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £126,000 in May 2005, which was around 42% below the average May 2005 detached price in the Broadland local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

5 STEEPLE CHASE Sold Prices

Land registry data shows three sales for 5 STEEPLE CHASE 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 5 STEEPLE CHASE 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
2005 25 MAY	£126,000	£216,210	42% below HPI
2001 28 FEB	£68,637	£119,560	43% below HPI
1996 12 JUL	£52,500	£71,943	27% below HPI

5 STEEPLE CHASE 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 5 STEEPLE CHASE sales between July 1996 and May 2005 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 February 2001 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2005 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 5 STEEPLE CHASE?

5 STEEPLE CHASE is 68m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% 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 5 STEEPLE CHASE lies on this distribution: 7% of detached houses are smaller than 5 STEEPLE CHASE, and 92% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

5 STEEPLE CHASE: Plot and Title Map

5 STEEPLE CHASE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 5 STEEPLE CHASE, 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 STEEPLE CHASE). 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 STEEPLE CHASE?

5 STEEPLE CHASE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 5 on STEEPLE CHASE.