56, GEORGE DRIVE, DRAYTON, NORWICH, NR8 6DT - £325,000

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

56 GEORGE DRIVE is a large extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £325,000 in September 2013, which was around 28% above the average September 2013 detached price in the Broadland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

56 GEORGE DRIVE Sold Prices

Land registry data shows two sales for 56 GEORGE 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. One of the two 56 GEORGE DRIVE sales was for above the average price, whilst the other was 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
2013 16 SEP	£325,000	£253,159	28% above HPI
2006 15 DEC	£210,000	£244,135	14% below HPI

56 GEORGE 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 GEORGE DRIVE sales from December 2006 and September 2013 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 December 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2013 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 56 GEORGE DRIVE?

56 GEORGE DRIVE is 138m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 56 GEORGE DRIVE lies on this distribution: 61% of detached houses are smaller than 56 GEORGE DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Drayton.

56 GEORGE DRIVE: Plot and Title Map

56 GEORGE DRIVE sits on a plot of roughly 0.282 of an acre, or 1,140m². The below map shows the location of 56 GEORGE 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 GEORGE 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 GEORGE DRIVE?

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