50, ACRES WAY, DRAYTON, NORWICH, NR8 6UT - £136,798

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

50 ACRES WAY is a very small detached house of 63m², built sometime between 1991 and 1995. It was last sold for £136,798 in September 2023, which was around 66% below the average September 2023 detached price in the Broadland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

50 ACRES WAY Sold Prices

Land registry data shows three sales for 50 ACRES WAY 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 50 ACRES WAY 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
2023 29 SEP	£136,798	£407,249	66% below HPI
2004 19 MAY	£129,950	£199,753	35% below HPI
2002 25 JAN	£79,950	£143,335	44% below HPI

50 ACRES WAY 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 50 ACRES WAY sales between January 2002 and September 2023 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 May 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2023 sale, where it falls to 66% below the HPI. The line then continues to track at 66% below the HPI.

How Large is 50 ACRES WAY?

50 ACRES WAY is 63m² according to the EPC inspection conducted in August 2019. 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 50 ACRES WAY lies on this distribution: 4% of detached houses are smaller than 50 ACRES WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

50 ACRES WAY: Plot and Title Map

50 ACRES WAY sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 50 ACRES WAY, 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 50 ACRES WAY). 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 50 ACRES WAY?

50 ACRES WAY is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 50 on ACRES WAY.