56, DREWRAY DRIVE, TAVERHAM, NORWICH, NR8 6XS - £273,000

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

56 DREWRAY DRIVE is a small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £273,000 in August 2020, which was around 23% below the average August 2020 detached price in the Broadland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

56 DREWRAY DRIVE Sold Prices

Land registry data shows two sales for 56 DREWRAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 56 DREWRAY DRIVE 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
2020 20 AUG	£273,000	£352,563	23% below HPI
1999 15 JAN	£82,500	£84,999	3% below HPI

56 DREWRAY DRIVE 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 two 56 DREWRAY DRIVE sales from January 1999 and August 2020 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 January 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 56 DREWRAY DRIVE?

56 DREWRAY DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 56 DREWRAY DRIVE lies on this distribution: 27% of detached houses are smaller than 56 DREWRAY DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

56 DREWRAY DRIVE: Plot and Title Map

56 DREWRAY DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 56 DREWRAY DRIVE, 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 56 DREWRAY DRIVE). 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 56 DREWRAY DRIVE?

56 DREWRAY DRIVE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 56 on DREWRAY DRIVE.